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Elon Musk sells $6.9bn in Tesla shares as battle with Twitter continues | Business News
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Elon Musk has sold $6.9bn (£5.7bn) of shares in his electric vehicle maker Tesla as his battle against Twitter continues. Mr Musk sold about 7.92 million shares between 5 August and 9 August, according to multiple filings, meaning he now owns 155.04 million shares in the company. In April, the world’s richest man announced a…
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Bitcoin suffers briefly after Tesla sells majority of its holdings | Business News
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Bitcoin lost half-a-percent overnight after Tesla said it had sold about 75% of its holdings of the virtual token. The world’s largest cryptocurrency slid to $23,268.92 (£19,489) after the news, although it rebounded later and was last up 1.41% at $23,578.75. Tesla bought $1.5bn (£1.2bn) of bitcoin more than a year ago, but on Wednesday…