Elon Musk sells more Tesla stock — and loses #1 richest position

Hanno Labuschagne

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Elon Musk sells more Tesla stock — and loses #1 richest position

Elon Musk, who lost his No. 1 spot on Bloomberg’s ranking of the world’s richest people this week, unloaded Tesla Inc. stock for the fourth time this year.

Tesla’s chief executive officer sold almost 22 million shares of the electric-car maker for $3.58 billion, a filing showed late Wednesday in the US. The transactions happened between Dec. 12 and Dec. 14.

[Bloomberg]
 
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