Investors were waiting around for inventory product sales from Tesla CEO Elon Musk, guessing he wanted to sell extra shares to finish his Twitter buy. He sold much more stock, but it occurred right after the Twitter deal shut.
Musk disclosed the sale of 19.5 million shares of
Tesla
(ticker: TSLA), or about $3.95 billion of it, in 38 separate transactions on Nov. 4, 7 and 8. He has been selling stock for the past three times, in accordance to disclosure filings that posted on Tuesday.
Investors were waiting around for inventory product sales from Tesla CEO Elon Musk, guessing he wanted to sell extra shares to finish his Twitter buy. He sold much more stock, but it occurred right after the Twitter deal shut.
Musk disclosed the sale of 19.5 million shares of
Tesla
(ticker: TSLA), or about $3.95 billion of it, in 38 separate transactions on Nov. 4, 7 and 8. He has been selling stock for the past three times, in accordance to disclosure filings that posted on Tuesday.
