MoneyBusiness

Actions

Elon Musk sells $4 billion worth of Tesla shares after Twitter purchase

Tesla Plant
Posted
and last updated

Elon Musk has sold more than 4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his $44 billion purchase of Twitter.

Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday.

The shares were sold over the past few days, at prices ranging from $872.02 to $999.13.

The world’s richest man tweeted that no further sales of Tesla shares are planned.

Most of the sales took place on Tuesday, when Tesla shares closed down 12%.

Tesla investors have also sold shares this week, as they worry that Musk will no longer focus on the company now that he’s bought Twitter.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Wednesday

06/10/2026

Sunny

96° / 71°

0%

Thursday

06/11/2026

Sunny

104° / 73°

0%

Friday

06/12/2026

Sunny

106° / 74°

0%

Saturday

06/13/2026

Sunny

105° / 73°

0%

Sunday

06/14/2026

Sunny

104° / 72°

0%

Monday

06/15/2026

Sunny

103° / 73°

0%

Tuesday

06/16/2026

Sunny

103° / 75°

0%

Wednesday

06/17/2026

Sunny

102° / 71°

0%