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Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

15 Sept 05:03 Key points summarised by AI

Elon Musk sold $6.9 billion worth of Tesla shares, explaining the funds could finance a potential Twitter acquisition if he loses the ongoing legal battle.
This sale occurs as Twitter sues Musk to compel him to complete the $44 billion deal, which he attempted to terminate citing concerns over spam accounts.
Musk stated he is done selling Tesla stock for now and would buy shares again if the Twitter deal does not close, a move analysts interpret as increasing the likelihood of the deal proceeding.

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.