{"id":20017,"date":"2022-11-10T10:59:13","date_gmt":"2022-11-10T10:59:13","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares"},"modified":"2022-11-10T12:09:37","modified_gmt":"2022-11-10T12:09:37","slug":"elon-musk-sells-almost-4bn-of-tesla-shares","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares","title":{"rendered":"Elon Musk sells almost $4bn of Tesla shares"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings with the US financial watchdog show.<\/b><\/p>\n

The news comes less than two weeks after the world’s richest man completed his $44bn takeover of Twitter.<\/p>\n

Tesla’s share price has fallen by more than 50% since the start of this year.<\/p>\n

Separately, Tesla is recalling just over 40,000 of its vehicles in the US because of a potential problem with their power-steering.<\/p>\n

The reason for the latest sales, which took place in the last week, has not yet been disclosed.<\/p>\n

The latest sale brings the total value of Tesla shares sold by Mr Musk to almost $20bn since he announced earlier this year that he had bought a stake in Twitter.<\/p>\n

He sold $8.5bn of Tesla stock in April this year and around another $7bn worth in August.<\/p>\n

Also in August, Tesla shareholders approved a three-for-one stock split, which is behind part of the fall in the value of the shares.<\/p>\n

On Tuesday Tesla recalled just over 40,000 of its cars in the US because of a potential power-steering problem.<\/p>\n

The electric car manufacturer said the vehicles’ power-steering assist system may fail on rough roads or after hitting a pothole.<\/p>\n

The National Highway Traffic Safety Administration said it could require greater steering effort, especially at low speeds, increasing crash risks.<\/p>\n

Tesla has released a software update to recalibrate the system.<\/p>\n

It was unaware of any injuries or deaths in connection with the problem, it said.<\/p>\n

Twitter job cuts<\/b><\/p>\n

Since taking control of Twitter last month Mr Musk has cut around 50% of the company’s workforce.<\/p>\n

Mr Musk tweeted that he had “no choice” but to slash the company’s workforce as the firm is losing more than $4m a day.<\/p>\n

He has also blamed “activist groups pressuring advertisers” for a “massive drop in revenue”.<\/p>\n

The shake-up of the social media platform includes charging users $8 for blue check verification marks.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings with the US financial watchdog show. The news comes less than two weeks after the world’s richest man completed his $44bn takeover of Twitter. Tesla’s share price has fallen by more than 50% […]<\/p>\n","protected":false},"author":84,"featured_media":20016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,337,329],"class_list":["post-20017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nElon Musk sells almost $4bn of Tesla shares - Angola<\/title>\n<meta name=\"description\" content=\"Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings w ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk sells almost $4bn of Tesla shares\" \/>\n<meta property=\"og:description\" content=\"Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings w ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-10T10:59:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-10T12:09:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"976\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Elon Musk sells almost $4bn of Tesla shares\",\"datePublished\":\"2022-11-10T10:59:13+00:00\",\"dateModified\":\"2022-11-10T12:09:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares\"},\"wordCount\":344,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares\",\"name\":\"Elon Musk sells almost $4bn of Tesla shares - Angola\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg\",\"datePublished\":\"2022-11-10T10:59:13+00:00\",\"dateModified\":\"2022-11-10T12:09:37+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings w ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg\",\"width\":976,\"height\":549,\"caption\":\"Elon Musk sells almost $4bn of Tesla shares\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/angola\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elon Musk sells almost $4bn of Tesla shares\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#website\",\"url\":\"https:\/\/www.africa-press.net\/angola\/\",\"name\":\"Angola\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/angola\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Elon Musk sells almost $4bn of Tesla shares - Angola","description":"Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings w ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares","og_locale":"en_US","og_type":"article","og_title":"Elon Musk sells almost $4bn of Tesla shares","og_description":"Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings w ...","og_url":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares","og_site_name":"Angola","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-11-10T10:59:13+00:00","article_modified_time":"2022-11-10T12:09:37+00:00","og_image":[{"width":976,"height":549,"url":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Elon Musk sells almost $4bn of Tesla shares","datePublished":"2022-11-10T10:59:13+00:00","dateModified":"2022-11-10T12:09:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares"},"wordCount":344,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg","keywords":["Africa Press","Africa Press-Angola","Angola"],"articleSection":["all news","miscellaneous"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares","url":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares","name":"Elon Musk sells almost $4bn of Tesla shares - Angola","isPartOf":{"@id":"https:\/\/www.africa-press.net\/angola\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg","datePublished":"2022-11-10T10:59:13+00:00","dateModified":"2022-11-10T12:09:37+00:00","author":{"@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (\u00a33.4bn), filings w ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#primaryimage","url":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg","contentUrl":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/11\/postQueueImg_7-636ce9b647afb.jpg","width":976,"height":549,"caption":"Elon Musk sells almost $4bn of Tesla shares"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/elon-musk-sells-almost-4bn-of-tesla-shares#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/angola\/"},{"@type":"ListItem","position":2,"name":"Elon Musk sells almost $4bn of Tesla shares"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/angola\/#website","url":"https:\/\/www.africa-press.net\/angola\/","name":"Angola","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/angola\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/posts\/20017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/comments?post=20017"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/posts\/20017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/media\/20016"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/media?parent=20017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/categories?post=20017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/tags?post=20017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}