Elon Musk sells almost $4bn-worth of Tesla shares

Elon Musk has sold almost $4bn-worth (£3.2bn) of Tesla shares, days after clinching a $44bn deal to take control of Twitter.

Musk sold the stock on Tuesday and Wednesday, according to a regulatory filing.

The Tesla boss posted on Twitter late on Thursday after the filing at the US Securities and Exchange Commission became public to say he planned no further sales of Tesla shares “after today”.

No further TSLA sales planned after today

— Elon Musk (@elonmusk) April 29, 2022