Elon Musk has sold millions more shares in Tesla, according to three separate forms filed with the Securities and Exchange Commission this month.
CEO Musk sold 19.5 million shares of the electric vehicle maker, worth $3.95 billion, from Nov. 4 to Nov. 8, the filings show.
The share sell-off comes after Musk took over social media platform Twitter in a $44 billion deal last month.
Musk sold $8.4 billion in shares in April, and at the time wrote on Twitter that there were “no further TSLA sales planned after today.” However, in August, he sold just under $7 billion of his Tesla stock to help fund the Twitter purchase, along with financing from a string of major banks, including Morgan Stanley, the Bank of America, and Barclays….