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Elon Musk has reportedly sold another $3.6 billion worth of his Tesla shares.
From last Monday (12 November) to yesterday (14 December) he sold 22 million shares.
It is not known if it has anything to do with the acquisition of Twitter.
Musk has sold about $40 billion worth of Tesla stock this year.
In addition, stock prices have fallen to an unprecedented level in Iran.
So the investors are dissatisfied.
An analyst said confidence in the company is hurting and it shows his focus is elsewhere.
Elon Musk’s net worth has also declined.
He has lost his status as the world’s richest man, according to Forbes.
-Reuters