Elon Musk sells another $687 million in Tesla stock

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Tesla CEO Elon Musk’s belief offered 639,737 shares within the electrical automobile firm on Thursday totaling about $687 million, based on regulatory filings made public Friday.

The information comes days after Musk and his belief offered roughly $5 billion price of the inventory.

Earlier than the preliminary sale, Musk requested his thousands and thousands of Twitter followers whether or not he ought to promote 10% of his Tesla inventory and stated he would observe the outcomes. That ballot was supported by about 58% of those that responded. However, among the shares had been offered partly to fulfill tax obligations associated to an train of inventory choices.

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