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Elon Musk sells more Tesla shares; stock drops in early trading

Shortpedia
Content Team
Image Credit: shortpdia

Tesla CEO Elon Musk sold another chunk of his stock on Thursday after pledging on Twitter to liquidate 10per cent of his holdings in the electric car maker. Musk sold about 640,000 shares for roughly USD687.3 million, according to two filings with the U.S. Securities and Exchange Commission. So far this week, the eccentric CEO has sold about 5.1 million shares worth about USD5.69 billion.


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