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City AM
City AM
By Ilaria Grasso Macola Elon Musk has offloaded a further $3.6bn (£2.9bn) worth of Tesla shares, sparking the fury of several investors. The serial entrepreneur announced late last night he relinquished 22 million of the EV giant’s shares between Monday and Wednesday. The $3.6bn sale is the second time Musk has sold part of his stake in the company since the $44bn acquisition of Twitter, which took place in late October. It still remains unclear if the two sales are linked to the social media platform’s takeover. Nevertheless, the offload has sparked widespread anger among investors, who belie…
