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Elon Musk sells Tesla shares for $3.6 billion

Elon Musk sells Tesla shares for $3.6 billion

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The Twitter buyout has prompted Elon Musk to offload a large portion of his Tesla shares on several occasions. He recently sold 22 million shares of his car brand for a total value of $3.6 billion.


In the space of three days, the CEO of the smart car brand sold $3.6 billion worth of shares.


This is the second time Tesla shares have been sold in huge numbers by Elon Musk after the $44 billion Twitter buyout in October. A few days after the deal on the bluebird network, the billionaire had sold shares of the manufacturer for a value of $ 4 billion, .


The total valuation of Tesla shares that the former world’s largest fortune has sold this year has thus reached $ 40 billion.

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According to Forbes, Elon Musk is no longer the richest man in the world. Between his takeover of Twitter and his considerable sale of shares, his fortune would have shrunk by $110 trillion according to Bloomberg data.


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