After US billionaire Elon Musk recently sold $3.6 billion of Tesla stock, his sales of the company’s stock since November last year totaled $1 billion, according to CNBC.
Late Wednesday evening, Musk sold 22 million shares
This comes despite Musk telling his social media followers earlier this year that he had no plans to ramp up Tesla sales after April 28.
In the last two months of 2021, Musk sold $16 billion worth of Tesla stock, and then sold $15 billion worth of stock between April and August of this year.
In recent weeks, the owner of Twitter sold $8 billion worth of shares in the company online.
Meanwhile, Tesla made $8 billion in the nine months ending September.
There are also investors within the company who are calling for an alternative to Elon Musk due to his concern over Twitter and the company’s loss of his shares.
