{"id":149807,"date":"2022-11-09T15:31:47","date_gmt":"2022-11-09T21:31:47","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/11\/elon-musk-sold-4-billion-worth-of-tesla-stock-following-the-twitter"},"modified":"2022-11-09T15:31:47","modified_gmt":"2022-11-09T21:31:47","slug":"elon-musk-sold-4-billion-worth-of-tesla-stock-following-the-twitter","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/11\/elon-musk-sold-4-billion-worth-of-tesla-stock-following-the-twitter","title":{"rendered":"Elon Musk sold $4 billion worth of Tesla stock following the Twitter"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/elon-musk-sold-4-billion-worth-of-tesla-stock-following-the-twitter3.jpg\"><\/a><\/p>\n<p>Why does the world\u2019s richest person need more cash?<\/p>\n<p>Days after agreeing to acquire Twitter for his initial offer of $44 billion, Elon Musk sold off Tesla stock worth nearly $4 billion in the days between November 4 and November 8, the Wall Street Journal.<\/p>\n<p>Last year, Musk became the world\u2019s richest person riding on the stock value of his electric car-making company, Tesla. At its peak price of $410 a piece, Musk\u2019s personal worth reached a never-before figure of $340 billion last year. As we turned into the new year, Tesla stock started shedding the rapid gains, and as 2022 draws to a close, it is now down 45 percent, a Bloomberg report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why does the world\u2019s richest person need more cash? Days after agreeing to acquire Twitter for his initial offer of $44 billion, Elon Musk sold off Tesla stock worth nearly $4 billion in the days between November 4 and November 8, the Wall Street Journal. Last year, Musk became the world\u2019s richest person riding on [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2019,17,1491],"tags":[],"class_list":["post-149807","post","type-post","status-publish","format-standard","hentry","category-elon-musk","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/149807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=149807"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/149807\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=149807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=149807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=149807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}