Carmaker’s shares fell this week over concerns CEO would offload stock to help fund takeover of platform
Elon Musk has sold almost $4bn worth of Tesla shares sinceMusk, the electric carmaker’s chief executive, sold the stock on Tuesday and Wednesday, according to a regulatory filing.amid investor concern that the multibillionaire would offload stock in the company to help fund the all-cash deal for Twitter.late on Thursday after the filing at the US Securities and Exchange Commission became public to say he planned no further sales of Tesla shares “after today”.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk sold $4bn in Tesla stock after agreeing $44bn Twitter deal\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t
Read more »
Elon Musk sells almost $4bn worth of Tesla sharesIt comes as the electric car maker's chief executive moves ahead with his $44bn takeover of Twitter.
Read more »
Elon Musk engages with tweets criticising Twitter staffAcquisition agreement allows Musk to tweet about deal but not to disparage firm or its representatives
Read more »
Elon Musk engages with tweets criticising Twitter staffAcquisition agreement allows Musk to tweet about deal but not to disparage firm or its representatives
Read more »
Elon Musk engages with tweets criticising Twitter staffAcquisition agreement allows Musk to tweet about deal but not to disparage firm or its representatives
Read more »