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Stock Market News

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

04/29/2022

Less than a minute

2022.04.29 05:24

Musk sells Tesla shares worth $4 billion, says no more sales planned
FILE PHOTO: Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II/File Photo

(Reuters) – Tesla (NASDAQ:TSLA) Inc Chief Executive Officer Elon Musk has sold 4.4 million shares of the electric vehicle maker worth $3.99 billion, five U.S. securities filings showed on Thursday.

Musk said in a tweet that there are “no further TSLA sales planned after today.”

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04/29/2022

Less than a minute