Electric Vehicles

Musk Sells $4bn Tesla Shares After Twitter Bid – CNBC

 

Tesla chief executive Elon Musk sold about $4 billion worth of Tesla shares after his bid to take Twitter private, CNBC reported, citing filings with the Securities and Exchange Commission.

“No further TSLA sales planned after today,” Musk wrote on Twitter after the filings became public on Thursday evening.

Read the full report: CNBC.

 

 

READ MORE:

Tesla Shift to EVs With Lithium Batteries Closely Watched

Here’s Why Tesla’s Shanghai Restart May Not Last

Printed Solar Panels to Power Tesla Car on Epic Journey

 

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

Recent Posts

India Buying Russian Oil at 30% Above Western Price Cap

India has become the top buyer of seaborne Russian oil, mainly Urals, since Western sanctions…

26 mins ago

Furious China Terms US a ‘True Empire Of Lies’

Rejecting a US report from last week outlining an alleged global disinformation campaign funded by…

4 hours ago

World Bank Says Asia Faces Worst Outlook in 50 Years – FT

China has been hit by retail sales slumping below pre-pandemic levels, stagnant house prices, greater…

4 hours ago

Evergrande Chief Suspected Of Transferring Assets Offshore: WSJ

Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the…

4 hours ago

US, Euro Firms Blame Beijing for China Uncertainty – Guardian

A survey has revealed business confidence among foreign company chiefs in China’s private sector is…

5 hours ago

Japan Shuts Down Lucrative Used Car Sales with Russia

Tokyo banned exports of all vehicles to Russia but subcompact cars in August, hitting a…

5 hours ago