Elon Musk sells €3.98 billion of Tesla stock

Elon Musk (AP)

Twitter’s new owner Elon Musk has sold nearly four billion US dollars’ worth (€3.98 billion) of Tesla shares, according to regulatory filings in America.

Tesla CEO Mr Musk, who bought Twitter for 44 billion dollars (€43.8 billion), sold 19.5 million shares in the electric car company from November 4 to November 8, according to Tuesday’s filings with the US Securities and Exchange Commission.