Elon Musk Sells Tesla Shares Worth $5 Billion After Twitter Poll

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Elon Musk Sells Tesla Shares Worth $5 Billion After Twitter Poll
11 Nov 2021
3 min read

News Synopsis

Tesla Chief Executive Elon Musk has sold the shares worth $5 Billion, seeing the results of a poll, he did on the social networking platform Twitter. He did a poll on Twitter asking his followers if he should sell 10% of his stake. The majority agreed with selling 10% of his shares. 

Mark Arnold, chief investment officer at Hyperion Assets has said that the stock sold is pretty liquid and it would not have much of an impact and the company is quite comfortable with the outlook for the business after the transaction.  

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