Elon Musk Sells $8 Billion in Tesla Stock

<p>Tesla CEO Elon Musk has sold over &dollar;8 billion worth of Tesla stock in filings with the SEC this week&period;<&sol;p>&NewLine;<p>Musk is the world&&num;8217&semi;s richest man and most of his net worth is based on his ownership of Tesla shares&period; He made a deal last week to buy Twitter for &dollar;54&period;20 per share&period;<&sol;p>&NewLine;<p>Twitter reported first quarter revenue of &dollar;1&period;20 billion&comma; an increase of 16&percnt; year-over-year&period; The company reported net income of &dollar;513 million and daily active users of 229 million worldwide&period;<&sol;p>&NewLine;<p>Musk said on Twitter he was not selling any more shares in Tesla for now&period; According to SEC filings&comma; he still has 162&comma;963&comma;251 Tesla shares worth &dollar;141&period;9 billion based on Friday&&num;8217&semi;s closing price&period;<&sol;p>&NewLine;

Editor

Two B-1 Bombers to Fly Over Levi Stadium

To commemorate America’s 250th birthday at the 2026 Super Bowl, the U.S. Air Force and…

2 days

RobCo Reels In $100 Million

SAN FRANCISCO & MUNICH -- RobCo, a physical AI-driven robotics company raised $100 million to…

2 days

Decagon Valued at $4.5 Billion With $250 Million Round

SAN FRANCISCO -- Decagon, a provider of conversational AI agents for concierge customer experiences, has…

2 days

Ricursive Intelligence Scores $400 Million Series A

PALO ALTO -- Ricursive Intelligence, a frontier AI lab founded by the co-creators of AlphaChip,…

3 days

Genspark Crosses $100 Million in Annual Run Rate

PALO ALTO -- Genspark announced the launch of AI Workspace 2.0, the next evolution of…

3 days

NFL Super Bowl Media Schedule

The NFL has released the Super Bowl LX media schedule in the San Francisco Bay…

3 days