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The impact of Elon Musk buying Twitter on Tesla is getting scarier for capitalists. For the 3rd time, after stating in April that he had “ no more TSLA sales intended ,” filings made on Wednesday revealed Musk sold 22 million more shares of Tesla, valued some $3.6 billion. That brings the overall amount of Tesla supply that Musk has sold this year to $23 billion.
Simply a couple of days back, Musk assured that in the long haul, Tesla would certainly gain from his ownership of Twitter. There’s expanding uncertainty from analysts that will certainly happen. Dan Ives at Wedbush created in a record on Thursday that Twitter continues to be a headache for capitalists since Musk has actually been using “Tesla as his own ATM maker to keep funding” the social media network.
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