Tesla’s Musk Sells More Shares Worth $687 Million

Tesla’s Musk Sells More Shares Worth $687 Million
SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla's gigafactory in Gruenheide, near Berlin, Germany on May 17, 2021. Michele Tantussi/Reuters
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Tesla Inc. Chief Executive Officer Elon Musk disclosed an additional share sale worth about $687 million in the electric-car maker, regulatory filings showed on Friday, after offloading about $5 billion in stock earlier in the week.

Musk sold 587,638 and 52,099 shares held by his trust on Nov. 11 in multiple transactions, according to two separate filings.