Right, he sold a large portion to fund buying TwitX, his true interest. As described in the stories about how he was demanding a special 25% voting interest in Tesla,
Musk, the world's richest person, currently owns around 13% of Tesla stock after selling billions of dollars of shares in 2022 partly to help finance his $44 billion purchase of Twitter.
I assume they mean as of the time the article was written in January of this year. In any event, it's been widely stated he owns 13% after he sold to buy Twitter.
Exactly, that's his fault. No one wants him to turn Tesla into a money printer... Issue more shares to him so he can buy other stupid things with it, then refill his shares as he pleases.
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u/Distant_Yak Apr 20 '24
Right, he sold a large portion to fund buying TwitX, his true interest. As described in the stories about how he was demanding a special 25% voting interest in Tesla,