Musk’s Tesla sale just what billionaires do
Musk, who sold about R76.5bn worth of Tesla shares this week, will remain the largest single shareholder in Tesla
14 November 2021 - 07:59
If trading in Amazon, Microsoft, Facebook and other billionaire-owned companies is any indication, Tesla co-founder Elon Musk unloading part of his stake in the company may not be bad for the electric carmaker’s shares in the long term.
Musk, who sold about $5bn (R76.5bn) worth of Tesla shares this week, will remain the largest single shareholder in Tesla, with about 15.5% after the sale is completed...
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