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Tesla CEO Elon Musk sold 7.92 million shares of the company, according to CNBC, citing the US Securities and Exchange Commission (SEC).
According to the information, The deals came after Tesla's annual shareholder meeting on August 4. The company's sold shares are reportedly valued at $6.88 billion.
“In the event (hopefully unlikely) that Twitter forces the deal to close and some equity partners don't show up, it's important to avoid an emergency stock sale.” Tesla", — Musk commented on the situation.
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