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If Tesla shareholders were already worried that Elon Musk was too distracted by his work at Twitter, they now have more reason to be upset: Mr. Musk disclosed on Wednesday that he had sold another $3.6 billion worth of Tesla stock, possibly to prop up his embattled social network.

Mr. Musk has now sold $23 billion worth of Tesla stock this year, much of it after he pledged in April to stop selling shares to finance his Twitter deal.

He hinted at what he was up to on Tuesday, tweeting, “Beware of debt in turbulent macroeconomic conditions, especially when Fed keeps raising rates.” That suggests he either plans to buy back some of Twitter’s billions in debt — including the $13 billion it took on as part of his takeover — or, perhaps less likely, buy back some of the company’s equity.

https://tnewsline.com/2022/12/15/business/elon-musk-sells-another-big-chunk/