Tesla Inc Chief Executive Officer Elon Musk sold 19.5 million shares of the electric vehicle maker for $3.95 billion, according to U.S. securities filings on Tuesday.
The latest sale brings Musk’s total value of Tesla stock sold to nearly $20 billion since revealing his stake in Twitter in April. Musk sold $15.4 billion in Tesla stock between April and August, but said no further sales were planned. Musk, the world’s richest person, purchased Twitter for $44 billion last month and has implemented drastic measures such as laying off half of the company’s employees and instituting a fee for blue check verification marks.
