Elon Musk vows not to sell Tesla shares for 18 months

Elon Musk has pledged not to sell Tesla shares for at least 18 months (Hannibal Hanschke/Pool Photo via AP)

Elon Musk has said he will not sell any more shares in Tesla for 18 months or more in an apparent attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since the CEO’s purchase of Twitter went through in October.

“I’m not selling any stock for 18 to 24 months,” Mr Musk said during an audio-only Twitter Spaces group conversation.