{"id":14868,"date":"2022-08-10T18:30:59","date_gmt":"2022-08-10T18:30:59","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead"},"modified":"2022-08-10T18:43:59","modified_gmt":"2022-08-10T18:43:59","slug":"elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead","title":{"rendered":"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead"},"content":{"rendered":"

Africa-Press – Ethiopia. <\/strong><\/span>Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.<\/p>\n

The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the Securities and Exchange Commission’s website.<\/p>\n

“In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk, the world’s richest man wrote on Twitter late Tuesday.<\/p>\n

Twitter is locked in a legal battle with the mercurial Tesla boss over his effort to walk away from the April agreement to buy the company, and a judge has ordered that a trial will begin in October.<\/p>\n

Musk has filed a countersuit, accusing Twitter of fraud and alleging the social media platform misled him about key aspects of its business before he agreed to a $44 billion buyout.<\/p>\n

The move comes after Musk sold around $8.5 billion worth of shares in the electric carmaker in April as he was preparing to finance the Twitter deal. He tweeted at the time: “No further TSLA sales planned after today.<\/p>\n

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

Africa-Press – Ethiopia. Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal. The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the […]<\/p>\n","protected":false},"author":84,"featured_media":14867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9],"tags":[233,277,189,235,191,714],"class_list":["post-14868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","tag-africa-press","tag-africa-press-ethiopia-2","tag-elon-musk","tag-ethiopia","tag-tesla","tag-twitter"],"yoast_head":"\nElon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead - Ethiopia<\/title>\n<meta name=\"description\" content=\"Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tu ...\" \/>\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\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead\" \/>\n<meta property=\"og:description\" content=\"Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tu ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead\" \/>\n<meta property=\"og:site_name\" content=\"Ethiopia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-10T18:30:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-10T18:43:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead\",\"datePublished\":\"2022-08-10T18:30:59+00:00\",\"dateModified\":\"2022-08-10T18:43:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead\"},\"wordCount\":228,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ethiopia\",\"Elon Musk\",\"ethiopia\",\"Tesla\",\"twitter\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead\",\"name\":\"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead - Ethiopia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg\",\"datePublished\":\"2022-08-10T18:30:59+00:00\",\"dateModified\":\"2022-08-10T18:43:59+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tu ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg\",\"width\":1024,\"height\":700,\"caption\":\"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ethiopia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/\",\"name\":\"Ethiopia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ethiopia\/?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\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/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 R116bn worth of Tesla shares in case Twitter deal goes ahead - Ethiopia","description":"Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tu ...","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\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead","og_locale":"en_US","og_type":"article","og_title":"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead","og_description":"Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tu ...","og_url":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead","og_site_name":"Ethiopia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-08-10T18:30:59+00:00","article_modified_time":"2022-08-10T18:43:59+00:00","og_image":[{"width":1024,"height":700,"url":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead","datePublished":"2022-08-10T18:30:59+00:00","dateModified":"2022-08-10T18:43:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead"},"wordCount":228,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg","keywords":["Africa Press","Africa Press-Ethiopia","Elon Musk","ethiopia","Tesla","twitter"],"articleSection":["all news","homepage-english","miscellaneous"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead","url":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead","name":"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead - Ethiopia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg","datePublished":"2022-08-10T18:30:59+00:00","dateModified":"2022-08-10T18:43:59+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Elon Musk has sold nearly $7 billion (about R116 billion) worth of Tesla shares, according to legal filings published Tu ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#primaryimage","url":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg","contentUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_5-62f3fc52909be.jpg","width":1024,"height":700,"caption":"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/elon-musk-sells-r116bn-worth-of-tesla-shares-in-case-twitter-deal-goes-ahead#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ethiopia\/"},{"@type":"ListItem","position":2,"name":"Elon Musk sells R116bn worth of Tesla shares in case Twitter deal goes ahead"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ethiopia\/#website","url":"https:\/\/www.africa-press.net\/ethiopia\/","name":"Ethiopia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ethiopia\/?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\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/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\/ethiopia\/wp-json\/wp\/v2\/posts\/14868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/comments?post=14868"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts\/14868\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/media\/14867"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/media?parent=14868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/categories?post=14868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/tags?post=14868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}