Elon Musk Sells $7B in Tesla Shares Ahead of Twitter Fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.

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FILE - Tesla CEO Elon Musk speaks before unveiling the Model Y at the company's design studio on March 14, 2019, in Hawthorne, Calif. Musk is selling about 8 million Tesla shares worth nearly $7 billion as the billionaire looks to get his finances in order ahead of his court battle with Twitter. (AP Photo/Jae C. Hong, File)
Image via AP Photo/Jae C. Hong

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter. Musk disclosed in series of regulatory filings that he unloaded about 8 million shares of his company Tesla Inc. in recent days. “In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don’t come through, it is important to avoid an emergency…

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