Elon Musk sells Tesla shares worth $3.5 billion

The tycoon and businessman Elon Musk has sold nearly 22 million shares of Tesla worth more than 3 thousand 500 million dollars during this week, according to documents made public this Wednesday and collected by the newspaper The Wall Street Journal.

It is the second time that Musk disposes of a considerable number of shares in your company since you bought Twitter at the end of October for 44 billion dollars.

In November it was revealed that the also founder of SpaceX had sold 19.5 million shares of Tesla for a value of 3 thousand 950 million dollars.

These sales by Executive Director of the company of electric vehicles have had a negative effect on the share price, which has fallen by more than 50% in 2022.

Some analysts had predicted that Musk would be forced to sell part of his shares of Tesla to finance the operation of Twitterwhich according to the businessman himself is losing 4 million Dollars up to date.

Almost the entirety of the immense fortune of Muskwhich until the acquisition of the social network was over 200 billion dollars, is invested in the shares of the manufacturer of automobiles.

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