Elon Musk sells Tesla shares worth $6.9bn as Twitter trial looms
by Dan Milmo from Technology | The Guardian on (#62BET)
Tesla CEO admits he could need the funds if he loses a legal battle with Twitter and is forced to buy the social media platform
Elon Musk has sold $6.9bn (5.7bn) worth of shares in Tesla after admitting that he could need the funds if he loses a legal battle with Twitter and is forced to buy the social media platform.
The Tesla chief executive walked away from a $44bn deal to buy Twitter in July but the company has launched a lawsuit demanding that he complete the deal. A trial will take place in Delaware in October.
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