8/10, 3:11 AM (Source: TeleTrader)
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Musk sells $6.89B worth Tesla shares

Billionaire Elon Musk sold around 7.92 million of Tesla Inc's shares, which approximately amount to $6.89 billion, it was revealed in multiple SEC filings.

The 6 filings, which were posted today on Tesla's website, showed that the earliest transaction was done last Friday, August 5, while the latest one is dated August 9.

Musk is currently in talks to acquire Twitter Inc, although the two entered into a dispute over "false and misleading" figures the latter provided in relation to spam accounts. Earlier, Musk invited Twitter CEO Parag Agrawal to a "public debate" to discuss the problem of spam and fake accounts on the platform.

Baha Breaking News (BBN) / AY