{"id":535,"date":"2022-11-09T01:58:23","date_gmt":"2022-11-09T01:58:23","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2022\/11\/09\/elon-musk-sells-19-5-million-tesla-shares-worth-almost-4-billion\/"},"modified":"2022-11-09T01:58:23","modified_gmt":"2022-11-09T01:58:23","slug":"elon-musk-sells-19-5-million-tesla-shares-worth-almost-4-billion","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2022\/11\/09\/elon-musk-sells-19-5-million-tesla-shares-worth-almost-4-billion\/","title":{"rendered":"Elon Musk sells 19.5 million Tesla shares worth almost $4 billion"},"content":{"rendered":"


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Tesla CEO Elon Musk is selling millions of Tesla shares again. The celebrity executive disposed of 19.5 million shares Tuesday, which is worth about $3.95 billion, according to three filings with the U.S. Securities and Exchange Commission.<\/p>\n

Musk did not take to Twitter to explain why he sold shares, but it\u2019s possible the money will go towards his $44 billion deal<\/a> to buy the social media platform, which went through last month.<\/p>\n

In April, Musk also sold around 9.6 million shares of Tesla stock<\/a>, which at the time was worth $8.5 billion. Those shares were sold at around $885.42. Since then, Tesla has issued a three-for-one stock split<\/a>, bringing the cost of each share down.<\/p>\n

Musk sold shares Tuesday at an average price of $202.56 each.<\/p>\n

Tesla is currently trading at $191.30 after hours.<\/p>\n

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Tesla CEO Elon Musk is selling millions of Tesla shares again. The celebrity executive disposed of 19.5 million shares Tuesday, which is worth about $3.95 billion, according to three filings with the U.S. Securities and Exchange Commission. Musk did not take to Twitter to explain why he sold shares, but it\u2019s possible the money will […]<\/p>\n","protected":false},"author":1,"featured_media":536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=535"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/536"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}