On November 11, according to SEC documents, Tesla CEO Elon Musk sold more than 4.5 million Tesla shares this week.
The valuation is about 5 billion U.S. dollars. The Tesla stock sold on Monday is about 1 billion U.S. dollars as part of the planned sale on September 14. A total of 3.59 million shares were sold on Tuesday and Wednesday, with a valuation of 4 billion U.S. dollars. Twitter on Saturday promised the share after the sale of the stock.
According to Musk’s Twitter commitment, to sell his 10% Tesla shares, or 17.05 million shares, then Musk will need to sell at least 12.5 million Tesla shares.