Musk unloaded 19.5 million shares, according to regulatory filings on Tuesday in New York.
Tesla Inc. Chief Executive Officer Elon Musk sold at least $3.95 billion of the electric-vehicle maker’s shares just days after closing his buyout of Twitter Inc.
It’s not fully clear how the $44 billion deal ultimately was financed, beyond the roughly $13 billion of debt commitments from Wall Street banks. But one thing’s clear: Twitter is losing money and now faces annual interest payments of nearly $1.2 billion.
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