Elon Musk Sells 7.92 Million Shares Of Tesla Worth $6.88 Billion | Q93 Listen On Air The Breakfast Club Ashlee Wild Wayne Trey White Uptown Angela Events Podcasts Contests & Promotions Win VIP passes to The National Fried Chicken Fest! WIN TICKETS TO WWE RAW FRIDAY NIGHT SMACKDOWN! Register to win a pair of tickets to The Millennium Tour: Turned Up! DR PEPPER FOOTBALL HOMEGATE Win tickets to The International Arts Fest NOLA! All Contests & Promotions Contest Rules Contact Newsletter Advertise on Q93 1-844-BUY-RADIO National News Elon Musk Sells 7.92 Million Shares Of Tesla Worth $6.88 Billion By Jason Hall Aug 10, 2022 Photo: Getty Images North America Elon Musk sold 7.92 million shares of Tesla stock valued at around $6.88 billion in the days after the company's 2022 annual shareholder meeting, according to a series of financial filings obtained by NBC News Tuesday (August 9) night. The SEC filings state that the transactions took place between August 5 and 9. Tesla's annual shareholder meeting was held in Austin, Texas on August 4. Musk had previously claimed that he had "no further TSLA sales planned after today" in a tweet shared on April 28. SEC filings at the time revealed that Musk -- who Forbes lists as the world's richest billionaire with a net value of $255.1 billion -- had been selling block shares in the company worth about $8.4 million. Musk's recent selling of Tesla shares comes amid his legal battle with Twitter after initially agreeing to buy the social media giant for about $44 billion ($54.20 per share) in April, then pulling out of the deal in July. Musk claims Twitter failed to provide him with enough information at the time of the acquisition, as well as understating the number of bots, spam and fake accounts present on its website. Twitter's share price dropped after Musk's reported purchase, as did the price of Tesla shares following an overall market decline. Sponsored Content Sponsored Content Contact Advertise on Q93 Download The Free iHeartRadio App Find a Podcast Your Hip Hop and R&B Station Sitemap Contest Rules Privacy Policy Do Not Sell My Personal Information Terms of Use AdChoices WQUE-FM Public Inspection File WQUE-FM Political File EEO Public File Public File Assistance FCC Applications © 2022 iHeartMedia, Inc.