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;

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