Tesla: Musk sells out in a big way – video

After his spectacular takeover of Twitter, tech entrepreneur Elon Musk has once again sold billions of dollars worth of Tesla stock. In recent days, sales have increased to about four billion dollars. This has now been announced by the responsible stock market watchdog SEC based on Tesla’s published documents. The specific reasons for the sale were not initially known. Tesla shares make up the bulk of Musk’s billion-dollar fortune. He is considered one of the richest people in the world. Elon Musk took over Twitter for about $44 billion. In addition to investing his own funds, he also borrowed about 13 billion dollars. According to media reports, just servicing these loans costs about a billion dollars a year. And Twitter writes, according to Musk, about four million dollars in losses per day. Recently, ad revenue has also fallen as major companies such as Volkswagen and pharmaceutical company Pfizer put their ads on hold on the online service. They want to wait and see how Musk’s Twitter handles offensive content like hate speech, targeted false claims and conspiracy theories. Moderator: wirtschaft TV mastermind Sascha Oliver Martin You can find more news at www.wirtschaft-tv.com. #wirtschafttv #twitter #musk #vw #saschaolivermartin

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