Elon Musk sold around $4 billion worth of Tesla shares


Elon Musk, founder of SpaceX and chief executive officer of Tesla, waves while arriving to a discussion at the Satellite 2020 Conference in Washington, D.C., on Monday, March 9, 2020.

Andrew Harrer | Bloomberg | Getty Images

Elon Musk sold roughly $4 billion worth of Tesla shares, according to filings with the Securities and Exchange Commission.

In a flurry of trades executed Tuesday and Wednesday, the Tesla CEO offloaded about 4.4 million shares.

This is breaking news. Please check back for updates.

Source : CNBC