{"id":25394,"date":"2022-08-10T23:35:00","date_gmt":"2022-08-10T15:35:00","guid":{"rendered":"https:\/\/www.ayoyo.com.cn\/?p=25394"},"modified":"2026-09-20T23:37:31","modified_gmt":"2026-09-20T15:37:31","slug":"elon-musk-backpedals-on-april-comments-and-sells-another-6-9-billion-usd-in-tesla-shares","status":"publish","type":"post","link":"https:\/\/www.ayoyo.com.cn\/index.php\/2022\/08\/10\/elon-musk-backpedals-on-april-comments-and-sells-another-6-9-billion-usd-in-tesla-shares\/","title":{"rendered":"Elon Musk Backpedals on April Comments and Sells Another $6.9 Billion USD in Tesla Shares"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/www.ayoyo.com.cn\/wp-content\/uploads\/2026\/09\/1101a2c36f0cfab66933d458f2fdd773.webp\" alt=\"\" class=\"wp-image-25395\" srcset=\"https:\/\/www.ayoyo.com.cn\/wp-content\/uploads\/2026\/09\/1101a2c36f0cfab66933d458f2fdd773.webp 1200w, https:\/\/www.ayoyo.com.cn\/wp-content\/uploads\/2026\/09\/ac2b58cd5947158085cc8eef127f6aba.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Elon Musk has now backpedaled on comments he made back in April, selling more Tesla shares in anticipation of his upcoming trial against Twitter. Four months ago, the Tesla and SpaceX CEO sold off $8.4 billion USD\u2019s worth of shares he had in the former company before confirming with a tweet that he had no further plans to sell any more TSLA shares. Between August 5 and August 9, however, the tech mogul sold another 7,924,107 shares worth roughly $6.9 billion USD.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Explaining why he sold the shares, Musk posted on Twitter that he needed cash in case some equity partners \u201cdon\u2019t come through\u201d if the social media platform really manages to push through with the deal with a victory in court, adding that he wants to avoid any emergency selling. Wall Street analyst Dan Ives subsequently commented that \u201cMusk selling TSLA stock after he said no more sales will lead the Street to focus on chances of Twitter deal happening and Musk preparing cash portion \u2026 This stock sale will raise a lot of conversation on Street for bulls\/bears in the morning.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has now backpedaled on comments he made back in April, selling more Tesla shares in anticipation of his upcoming trial against Twitter. Four months ago, the Tesla and SpaceX CEO sold off $8.4 billion USD\u2019s worth of shares he had in the former company before confirming with a tweet that he had no [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[223],"tags":[216,82],"class_list":["post-25394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-car","tag-elon-musk","tag-tesla"],"_links":{"self":[{"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/posts\/25394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/comments?post=25394"}],"version-history":[{"count":1,"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/posts\/25394\/revisions"}],"predecessor-version":[{"id":25396,"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/posts\/25394\/revisions\/25396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/media\/25395"}],"wp:attachment":[{"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/media?parent=25394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/categories?post=25394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ayoyo.com.cn\/index.php\/wp-json\/wp\/v2\/tags?post=25394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}