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Elon Musk sells $6.9bn in Tesla shares after Twitter poll

Elon Musk sells $6.9bn in Tesla shares after Twitter poll

13 Sept 06:44 Key points summarised by AI
  • Elon Musk sold over $6.9 billion worth of Tesla shares this week, leading to a 15.4 percent slump in the electric carmaker's stock price.
  • The massive selloff occurred days after Musk conducted a Twitter poll asking if he should sell 10 percent of his stake, with nearly 58 percent of 3.5 million voters supporting the sale, though some sales were initiated before the poll.
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