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Elon Musk Offloads $4 Billion of Tesla Shares, Pledges No More Sales

  • Tesla CEO tweets no further sales are planned after Thursday
  • He’s offloaded over $20 billion of Tesla stock in six months
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WATCH: Elon Musk unloaded about $4 billion worth of Tesla stock just days after reaching a deal to buy Twitter.Source: Bloomberg
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Elon Musk sold about $4 billion worth of Tesla Inc. stock days after reaching a $44 billion deal to buy Twitter Inc.

The Tesla chief executive officer offloaded 4.4 million shares on April 26 and April 27, according to regulatory filings. Musk has now disposed of more than $20 billion worth of stock in the electric-car maker during the last six months.