{"id":2555,"date":"2021-11-11T00:00:00","date_gmt":"2021-11-11T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/elon-musk-sells-5bn-in-tesla-stock-days-after-twitter-poll\/"},"modified":"2025-02-28T14:41:11","modified_gmt":"2025-02-28T14:41:11","slug":"elon-musk-sells-5bn-in-tesla-stock-days-after-twitter-poll","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/elon-musk-sells-5bn-in-tesla-stock-days-after-twitter-poll\/","title":{"rendered":"Elon Musk sells $5bn in Tesla stock days after Twitter poll"},"content":{"rendered":"

Billionaire offloads around 3% of his holding – though £1bn was already in train before he asked Twitter users about reducing his stake<\/p>\n

Elon Musk has sold about $5bn in shares amounting to roughly 3% of his Tesla holdings, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake.<\/p>\n

About $4bn worth of the sale – 3.6m shares – could be considered as counting towards his 10% pledge on Twitter. Another $1.1bn worth, amounting to 934,000 shares, was sold under an options arrangement to acquire nearly 2.2m shares that was already in train before the poll.<\/p>\n

Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Billionaire offloads around 3% of his holding – though £1bn was already in train before he asked Twitter users about reducing his stake Elon Musk has sold about $5bn in shares amounting to roughly 3% of his Tesla holdings, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling […]<\/p>\n","protected":false},"author":1,"featured_media":6415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nElon Musk sells $5bn in Tesla stock days after Twitter poll - Regional technology news - North - TechSparx - Business technology stories in the North<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techsparx.co.uk\/north\/elon-musk-sells-5bn-in-tesla-stock-days-after-twitter-poll\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk sells $5bn in Tesla stock days after Twitter poll - 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