Elon Musk sells $7 billion in Tesla shares ahead of Twitter fight
CBSN
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the the tech mogul gets his finances in order ahead of a court battle with Twitter. The billionaire disclosed in series of regulatory filings that he unloaded about 8 million shares of the electric vehicle maker in recent days.
"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, Tesla's founder and CEO, tweeted late Tuesday.
Musk is by far the largest individual shareholder in both Tesla and Twitter.
The legalization of online sports betting in many U.S. states has proved a boon for the gambling industry, as well as generated billions in local tax revenue. But the explosive growth in wagering has also had a less savory effect that experts say threatens the integrity of professional sports: a surge in players breaking league rules and placing bets, sometimes on their own teams and personal performance.
Tesla recalled all Cybertrucks made between November 13, 2023, to April 4, 2024. The MY 2024 Cybertrucks have faulty accelerator pedals that may be dislodged when high force is applied, the National Highway Traffic Association, which issued the recall report, said. The recall affects nearly 4,000 cars, Reuters reported.
BISBEE, Ariz. — Boots dusty, lungs heaving, Dr. John Wiens searched the boulders of a desolate Arizona mountaintop for the last survivors of a 3-million-year-old lizard population — then said the words that both confirmed his life's work and broke his heart. The California condor, the largest flying bird in the U.S., with about 90 adults remaining in the wild. The iconic Florida panther, with about 200 animals remaining. The massive North Atlantic right whale, which roams the Atlantic Ocean; all that's left are 250 individuals.