Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock

Elon Musk offered almost $7 billion value of Tesla inventory in current days, regulatory disclosures present, simply months after saying he wasn’t planning to promote extra shares within the firm.

Mr. Musk, Tesla’s chief govt and largest shareholder, offered round 7.9 million shares between Friday and Tuesday, the disclosures present, leaving him with a 15% stake within the firm.