Elon Musk Sells $3.6 Bln Worth Tesla Shares

Elon Musk, the founder and CEO of Tesla Inc., has sold another $3.6 billion worth stock in the luxury electric car maker, according to a filing with the U.S. Securities and Exchange Commission. Over a period of three days ended December 14, Musk sold 22 million shares in Tesla. Following the news, Tesla stock declined around 3 percent on Wednesday's regular trading.

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