Elon Musk sells another $5.2b worth of Tesla stock

Elon Musk sold another $US3.58 billion ($5.21 billion) worth of Tesla stock this week, but it wasn’t clear where the proceeds were being spent.

The Tesla CEO, and new owner of Twitter, sold the shares from Monday through Wednesday, according to a filing posted Wednesday night by the US Securities and Exchange Commission.

Elon Musk has sold another big chunk of his Tesla shares.Credit:AP

Musk has sold nearly $US23 billion worth of Tesla stock since April, with much of the money…

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