Elon Musk, the CEO of electric vehicle maker Tesla Inc, has reportedly sold 4.4 million of its shares worth $3.99 billion. The findings were reported by Bloomberg, citing Form 4 filings.
“Form 4 has been split into five filings to cover all 138 individual transactions that occurred on two consecutive transaction dates,” it said.
Musk has reportedly said there are “no further TSLA sales planned after today”.
The report comes amid a global frenzy over Musk clinching a deal to buy Twitter Inc for $44 billion cash, a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person.
(With inputs from agencies)
Elon Musk has once again triggered a frenzy with his tweets on beverages giant Coca-Cola, this a day after he tweeted that he would buy the firm and put cocaine in it. On Thursday night, Musk posted two tweets which broke the internet. “@CocaCola Oh hi lol,” his first tweet garnered nearly three lakh likes, was retweeted 24,000 times and had 17,000 replies on it.
Elon Musk, who was always a prolific Twitter user, seems to have doubled down on his dedication to reach out to his 88.3 million followers after his takeover bid finally came through this week, overcoming a spell of uncertainty. On Thursday, the world’s richest person shared a timeline of sorts in a meme to strike a chord with the social media users.
After Pakistan’s new prime minister, Shehbaz Sharif, kicked off his first foreign visit to Saudi Arabia as the premier of the country, reports have emerged of a group of people chanting unwelcoming slogans for the Sharif-led delegation. The video is said to have emerged from the Masjid-e-Nabawi in Madina on Thursday. Pakistan’s federal minister of Information and Broadcasting Marriyum Aurangzeb and member of the National Assembly Shahzain Bugti were seen in the video among others.
New omicron sublineages, discovered by South African scientists this month, are likely able to evade vaccines and natural immunity from prior infections, the head of gene sequencing units that produced a study on the strains said. The BA.4 and BA.5 sub-lineages appear to be more infectious than the earlier BA.2 lineage, which itself was more infectious than the original omicron variant, Tulio de Oliveira, the head of the institutes, said.
The lawyers for New York City subway shooting suspect Frank James said the FBI may have violated his constitutional rights by taking DNA samples without first informing them. The move may have been “an invasion of cherished personal security,” they said. 30-Hour Manhunt James was arrested after a 30-hour manhunt and charged with committing a terrorist act on a mass transit system. James is 62, according to the Federal Bureau of Prisons.