Musk Sells Tesla Shares Worth $3.5 Billion
Tesla Inc. is one of the most talked about companies in the United States (U.S.) across all news items in the last 12 hours, according to Factiva data. Elon Musk sold more than $3.5 billion worth of Tesla stock this week in his second round of sales since buying Twitter Inc.
Musk sold nearly 22 million shares over a three-day period ending Dec. 14, according to a regulatory disclosure. RBC Capital lowered its Tesla price target to $225 from $325. Tesla shares were recently up 0.7% to $157.87. # Musk Sells Tesla Shares Worth $3.5 Billion
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