Banner Image

All Services

Writing & Translation Articles & News

Elon Musk Dumps $4 Billion Tesla Shares,

$25/hr Starting at $25

"No furthTesla  (TSLA) - Get Tesla Inc Report shares jumped higher Friday after CEO Elon Musk said he was done selling shares of his clean-energy car company after dumping near $4 billion in stock to pay for his $44 billion takeover of social media group Twitter. 

er Tesla sales planned after today," Elon Musk said late Thursday. SEC filings Friday showed $4.5 billion shares were sold on April 28. 

Securities and Exchange Commission filings published late Thursday indicated that Musk sold 4.4 million Tesla shares between over the two-day period ending on April 27, just days after inking an agreement to provide around $21 billion in financing for his $54.20 per share offer for Twitter.

"No further Tesla sales planned after today", Musk Tweeted to his 83 million followers last night, although pre-arranged sales are still possible, given the size of the billionaire's equity commitment in the Twitter deal.

In fact, another SEC filing was made public early Friday, showing Musk had offloaded between $4.5 and $5 billion in shares on April 28. 

About

$25/hr Ongoing

Download Resume

"No furthTesla  (TSLA) - Get Tesla Inc Report shares jumped higher Friday after CEO Elon Musk said he was done selling shares of his clean-energy car company after dumping near $4 billion in stock to pay for his $44 billion takeover of social media group Twitter. 

er Tesla sales planned after today," Elon Musk said late Thursday. SEC filings Friday showed $4.5 billion shares were sold on April 28. 

Securities and Exchange Commission filings published late Thursday indicated that Musk sold 4.4 million Tesla shares between over the two-day period ending on April 27, just days after inking an agreement to provide around $21 billion in financing for his $54.20 per share offer for Twitter.

"No further Tesla sales planned after today", Musk Tweeted to his 83 million followers last night, although pre-arranged sales are still possible, given the size of the billionaire's equity commitment in the Twitter deal.

In fact, another SEC filing was made public early Friday, showing Musk had offloaded between $4.5 and $5 billion in shares on April 28. 

Skills & Expertise

Article EditingArticle WritingBlog WritingBusiness JournalismJournalismJournalistic WritingNews WritingNewslettersNewspaperStock TradingTwitter

0 Reviews

This Freelancer has not received any feedback.