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Elon Musk sells off nearly $7 billion worth of Tesla shares

Tesla CEO Elon Musk sold $6.88 billion worth of Tesla stock, according to financial records published Tuesday night.

The Securities and Exchange Commission filing shows that Mr. Musk has sold off 7.92 million company shares since Friday.

The massive sale of company stock comes after Mr. Musk promised the end of stock sales in April.

No further TSLA sales planned after today

— Elon Musk (@elonmusk) April 29, 2022

The sale is the latest twist in the burgeoning legal battle between the world’s richest man and Twitter.