You are here: Smartzenlane > Entertainment
Elon Musk Hedges His Bets, Sells Tesla Stock
Smartzenlane2025-05-19 15:14:25【Entertainment】5 views
DescriptionElon Musk has sold some 7.92 million shares of Tesla stock, hedging his bets in his legal battle wit
Elon Musk has sold some 7.92 million shares of Tesla stock, hedging his bets in his legal battle with Twitter.
Musk originally tried to buy Twitter, lining up investors to help him do so. After weeks of back-and-forth, in which Musk accused Twitter of not disclosing the true scope of bots on the platform, the CEO called off his purchase. Twitter sued Musk to keep the deal alive, leading him to sell off some of his Tesla stock.
According to CNBC, Musk has sold 7.92 million shares of Tesla stock for approximately $6.88 billion. Musk confirmed the news in a tweet when asked if he planned to sell any additional shares.
Musk said he had sold the stock as a safety measure in the event some of his equity partners don’t come through.
Great! (49)
Related Articles
- SEC Targets Elon Musk for Sanctions, Sparking Claims of Political Bias
- WordPress Plugins for Auto
- How To Build Your Brand in 2024: Cutting Through the Noise
- Mark Zuckerberg Regrets Giving In to Government Censorship Requests
- Wireless Carriers Plan to Fight FCC's Fines
- Google Is Replacing the Chromecast
- Every SEO Should Read This: Mario Fischer Dissects the Google Search Algorithm
- Microsoft Debuts AI
- Google and Brave The Only Search Engines Able To Index Reddit
- The Future of Product Innovation: 2024 and Beyond
Popular Articles
Recommended by Admin
Is Generative AI Killing Art... and Artists?
The Future of Product Innovation: 2024 and Beyond
42 States Ask Congress to Require Social Media Warning Labels
Why a Customer Data Platform is More Than Necessary
UK Goes Full 'Minority Report' With 'Murder Prediction' System
Meta's Threads Crosses 200 Million User Milestone
SEO Can Kill! Creative Strategies for De
SEO Can Kill! Creative Strategies for De
Friend Links
- Google Analytics Gets Some New Features
- LinkedIn Impresses On Revenue, Earnings
- Cissy Houston, Bobby Brown Arguing Over Bobbi Kristina Funeral Guest List
- Google Analytics Gets Some New Features
- Google Makes It Easier To Run Display Campaigns Based On Objective
- Facebook's Real Name Policy Compelled a Woman to Change Her Name to Jemmaroid Von Laalaa
- Lindsey Vonn Admits She Is Still In Contact With Ex Tiger Woods
- Facebook Now Lets Celebrities (Not You) Livestream
- AdWords App Adds Billing, Column, Performance Table Updates
- Is This Google Ranking Signal Getting Stronger?
- Instagram Deploying AI to Help Combat Online Bullying
- Amazon Web Services Will Open Data Centers In Spain
- Apple Explains iPhone 11 Frequent Location Checking
- New Google Chrome Feature May Drive Users to Firefox
- $1,000 Is the Breaking Point For Most Phone Buyers
- Google Launching Green Startup Accelerator
- Greenland Choosing Ericsson Over Huawei For 5G Network
- Millions of Child
- Amazon Settles On Redmond, WA For Project Kuiper, Its Space
- Ericsson and Microsoft Team Up to Deliver Next Generation of Connected Cars
- Sundar Pichai Replacing Larry Page As CEO of Alphabet
- Verizon On Track For 5G In 30 Cities In 2019
- FCC Announces $9 Billion 5G Fund For Rural America
- Twitter Backtracks on Plans to Purge Inactive Accounts
- Instagram Prohibits Influencers From Promoting Tobacco, Vaping & Weapons
- Dave Rubin of The Rubin Report Launches Locals.com
- Beware of Watching ‘Star Wars: The Rise of Skywalker’ On Streaming Sites
- SAP and Verizon Partnering to Develop Next
- Lowe’s Goes the DIY Route For Software Development
- Google to Acquire Fitbit: Promises to Protect User Privacy
- Twitter Making Changes Globally to Comply With Privacy Laws
- KT Links 5G Network and Satellite, Transferring Data Between Them
- Twitter Fixes Serious Vulnerability in Android Client
- Verizon CEO Hopes There Is No 5G Cold War Between U.S. and China
- WordPress Introduces a New Way to Earn Money: Subscriptions
- Hopefully, It’s The Beginning Of The Golden Era Of Content
- Motorola Returning to Premium Phones: Razr Just the Beginning
- Google Faces Government Scrutiny Over “Project Nightingale” and Patient Privacy
- FCC Votes Against Changing Cell Phone Safety Rules; No Evidence of 5G Health Risks
- FBI Warns Travelers About Automatically Joining WiFi Hotspots
- TripAdvisor Acquires SinglePlatform to Help Restaurants Enhance Experience
- VICE Tests Ring’s Security: Spoiler, It’s Awful
- Google Announces New Speed Report in Search Console
- Secret Google Program Amasses Treasure Trove of Patient Health Data
- RCS Messages Finally Available to All U.S. Android Users
- Facebook Reveals New Census Interference Policy Ahead of 2020 Census
- Workona Launches Desktop For The Cloud; Raises $6 Million in Seed Funding
- Ericsson Investing Over $230 Million in Brazil 5G Assembly Line
- Want More Milk? Try Equipping Cows With Virtual Reality
- Roughly 100 Developers May Have Improperly Accessed FaceBook Groups Data
- Alphabet Board Investigating How Executives Handled Sexual Misconduct Cases
- DataWallet Puts You In Charge of Your Data, Says CEO
- Slack’s Troubles Mount: SEC Launches Investigation
- Ford and Microsoft Using Quantum Computing to Alleviate Traffic Congestion
- Microsoft Announces All
- Verizon Reaches Goal, Delivers 5G in 31 Cities
- WhatsApp Bug Can Crash the App and Delete Group Chats Forever
- Feds Bust Illegal Streaming Sites With More Content Than Most Legal Sites Combined
- Microsoft Hires Attorney General Eric Holder To Audit AnyVision
- California Welcomes Driverless Delivery Vehicles
- All Good Things: Jony Ive Officially Leaves Apple, Closing Out An Era
- Norwegian Carrier Telenor Drops Huawei In Favor of Ericsson
- Nuvoton Purchasing Panasonic Semiconductor Business For $250 Million
- How Apps Steal Your Privacy
- Salesforce Launches Single Souce of Truth
- EU Commissioner Margrethe Vestager Doesn’t Think Breaking Up Big Tech Is the Answer
- Craigslist Finally Releases Its Very Own, Official iOS App
- Ring Users Should Update Their Passwords In the Wake of Multiple Hacks
- Salesforce Dreamforce 2019: Update on Einstein and AI’s Role
- Sling TV Improves Channel Lineup, DVR and Recording; Raises Prices
- Google Sued by Australian Consumer Watchdog Over Location Data
- The Next Silicon Valley? Try Ohio—Columbus
- Aviso Launches Version 2.0 of Its AI Guided Selling Platform
- Move Over Self
- I Want Every American To See The Transformative Impact Of 5G, Says Verizon CEO
- Senators Express Alarm Over FBI Secretly Demanding Data From Credit Agencies
- Investigation Into Google Expands to Include Android and Search
- Digital Adoption Platform WalkMe Secures $90 Million in Funding
- SoundHound & Deutsche Telekom Form Partnership For Voice
- Verizon, T
- Facebook Defends Tracking Users Even They Opt Out
- Gamblers Betting on F
- The Latest Tool For Cybercriminals: Google Analytics
- The Future Of Security Is Biometric
- Echo Becomes the First Non
- Microsoft Makes Desktop Analytics Available Commercially
- Tensions Escalate Between China and Germany Over Huawei
- 5G Penetration Is Rapidly Gaining Momentum, Says Ericsson CEO
- Google Branching Into Finance, Partnering With Citi to Offer Checking Accounts
- TrueDialog Database With Tens of Millions of Texts Left Exposed Online
- Oracle Releases Tool to Help Improve Internet Routing Security
- Scientists Warn 5G May Pose Serious Health Risks
- TikTok Accused of Illegally Collecting Data and Uploading It to China
- Google and Facebook Face Tougher Rules in the UK Over Ad Dominance
- Facebook App Caught Activating iPhone Camera Without Permission
- FBI Using Deception to Help Protect Companies From Cybercrime
- Telefonica Germany Has Selected Huawei to Help Build Its 5G Network
- Wunderlist Shutting Down in May 2020, Replaced by Microsoft To Do
- Apple Threatens to Leave Russia in 2020, Citing Russian Software Demands
- Feds Support T
- Waze Adds Snow Warning Feature With Winter Weather Reports
- Twitter Blocks Animated PNGs After Trolls Use Them to Attack Epileptics
- FCC May Block Facebook From Integrating Its Various Messaging Apps
- AT&T Launching 5G Network In Conjunction With Galaxy S10 Plus 5G
- eBay Selling StubHub to Rival viagogo For $4.05 Billion
- EU Regulators Investigating Google’s Data Practices
- France Fines Google $166 Million Over Search Ads
- OnePlus Reports Second Data Breach in Two Years
- ToTok Removed From Apple and Google Stores Amid Claims It's a Government Spying App
- Microsoft Announces HAMS: Harnessing AutoMobiles for Safety