Elon Musk Sells $5B In Tesla Stock After Twitter Poll

CNBC reports:

Tesla CEO Elon Musk sold nearly $5 billion in Tesla stock, according to financial filings out Wednesday evening. He still holds more than 166 million shares. Musk sold these shares in part to satisfy tax obligations related to an exercise of stock options.

Before that sale plan was made public, Musk asked his 62.5 million Twitter followers to vote in an informal poll, telling them their vote would determine the future of his Tesla holdings. The filings reveal that, in fact, he knew some of his shares were slated for sale this week.

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