SAN FRANCISCO, Dec 22 — Tesla CEO Elon Musk said he had sold “enough stock” to reach his plan to sell 10 per cent of his shares in the world’s most valuable car company, according to an interview released on Tuesday.
Tesla shares, which had hovered near record-highs, lost about a quarter of their value after Musk said on Nov. 6 he would sell 10 per cent of his stake if Twitter users agreed. “I sold enough stock to get to around 10 per cent plus the option exercise stuff and I tried to be extremely literal here,” he said in the interview with satirical website Babylon Bee.
Source: News Formal (newsformal.com)
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