Elon Musk's Twitter deal is affecting his company Tesla too (File Photo)
Elon Musk
has sold shares of
Tesla
worth about $ 7 billion .
A legal filing published on Tuesday revealed that
Elon Musk sold shares of Tesla during an ongoing lawsuit over a $44 billion deal with
Twitter .
Tesla boss Elon sold 7.9 million shares of Tesla between August 5 and August 9, according to data published on the website of the Security and Exchange Commission.
Yes.
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 sale of Tesla stock.
— Elon Musk (@elonmusk) August 10, 2022
The world's richest man, Elon Musk, said on Twitter that if Twitter puts pressure on the deal (which is difficult to happen), it is important to avoid an emergency sale of Tesla stock.
Twitter is fighting a legal battle with Tesla boss Elon Musk, who pulled out of a deal to buy the company in April and a judge ordered the trial to begin in October.
Elon Musk back on Twitter in a lawsuit alleging Twitter fraud and alleging that the social media platform didn't tell him about key aspects of the business before his $44 billion deal was agreed. Told.