$3.95 billion worth of shares of Tesla has been sold by Elon musk

After the acquisition of $44 billion from Twitter, Elon Musk sold $3.95 billion worth of shares of Tesla Company.

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According to SEC(Securities and Exchange Commission) report published on Tuesday, Elon Musk sold 19.5 million more shares of Tesla. [{ "selector": ".dnmdx-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

In 2021, Musk sold around $22 billion worth of Tesla shares. It was the same year when the stocks leapt over 50%. [{ "selector": ".awkba-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ocegb-a", "duration": "500ms", "fill": "forwards", "delay": "1750ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

In 2022, Elon Musk sold over $15 billion worth of shares of Tesla between April and August. [{ "selector": ".bwfir-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".fkqst-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Since then, Tesla has issued a three-for-one stock split. It has brought the value of the share down. [{ "selector": ".nfqid-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".zgkbd-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Tesla stakes have gone down 46% this year. But still, according to Forbes, Elon Musk is the richest person in the world and has a net worth of around $200 billion. [{ "selector": ".amjij-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ruemg-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

During Tuesday's bidding, Musk sold each share at an average price of $202.56.

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Shares of Tesla Inc. skated 2.93% to $191.30 Tuesday. And Tesla is now trading after hours at $191.30. [{ "selector": ".cfwud-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]