Musk sells Tesla stock in case he’s forced to buy Twitter ...News

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Musk sells Tesla stock in case he’s forced to buy Twitter
source : Russia Today ( News ) () 26
The billionaire cashed in nearly $7 billion worth of shares as the social media giant’s lawsuit looms Elon Musk has sold $6.9 billion worth of shares in Tesla to raise cash amid a legal showdown with Twitter over a failed $44 billion takeover deal. He disposed of some 7.92 million shares on August 5, according to a series of regulatory filings after the US markets closed on Tuesday. Amid mounting speculation over the reason for the sale, Musk posted a series of tweets explaining that the move was necessary in case he’s compelled to complete the $44 billion takeover of Twitter, which he walked away from in July. “I

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