Musk sells Tesla shares worth $4 billion, says no more sales planned

Musk said in a tweet that there are"no further TSLA sales planned after today." He sold 4.4 million shares on Tuesday and Wednesday, according to the filings, equating to 2.6% of his stake in the company.

Musk has been looking for partners to reduce his equity contribution to the deal, a person familiar with the matter told Reuters, adding that it is far from certain such a partner will emerge. Musk said on Twitter that he would pay more than $11 billion in taxes in 2021 due to his exercise of stock options set to expire this year.

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