Elon Musk sells 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter
The sale came after Musk on Monday clinched a deal to buy Twitter for
He has been looking for partners to reduce his equity contribution to the deal, a person familiar with the matter said, adding that it is far from certain such a partner will emerge. Tesla shares have fallen nearly 20 percent since Musk disclosed his over 9 percent stake in Twitter on April 4.
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