Musk Sells More Tesla Shares After Twitter Vote

Tesla CEO Elon Musk has sold more shares of the electric car maker, selling nearly $5 billion in shares following a Twitter poll, regulatory disclosures showed.

Musk, the world’s richest person and the largest shareholder in Tesla, had said on Twitter at the weekend that he would sell 10% of his shares if his followers on the social media platform agreed to the move.

Days later, Musk sold five billion dollars in shares, equivalent to 3% of his total holdings, in the first such move since 2016.