Elon Musk sold around $4 billion worth of Tesla shares

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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.

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Source : CNBC