Tesla Inc Chief Executive Officer Elon Musk has sold 22 million shares worth $3.58 billion in the electric-vehicle maker, a U.S. securities filing showed on Wednesday.
Tesla Chief Executive Elon Musk speaks during the live-streamed unveiling of the Tesla Semi electric truck, in Nevada, U.S. December 1, 2022, in this still image taken from video. Tesla/Handout via REUTERSChief Executive Officer Elon Musk has sold 22 million shares worth $3.58 billion in the electric-vehicle maker, a U.S. securities filing showed on Wednesday.Tesla did not immediately respond to a Reuters request for comment outside business hours.
Shares of Tesla, the world's most valuable carmaker, is one of the worst performing stocks among major automakers and tech companies this year, as investors worry that Musk's purchase of Twitter could divert his time away from Tesla.Reporting by Maria Ponnezhath in Bengaluru and Hyunjoo Jin in San Francisco; Editing by Devika Syamnath
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