Elon Musk sold $906 Million worth Tesla Shares

Elon Musk has sold another $906 million worth of Tesla shares, taking the total sales of the individual at almost $13 billion. Tesla was hit with a sell-off in tech and electric vehicle makers, the sales came out as a result of this fall. Tesla CEO sold the shares to cover taxes.

Elon Musk has been selling stocks rapidly ever since he did a poll on Twitter on whether he should sell 10% of his Tesla stakes. He also said in a conference in September that a huge block of shares will be sold in the fourth quarter. Till now, Elon Musk has sold almost 12 million shares from his Tesla stakes. Tesla stocks have been falling for the last week.