Tesla chief executive Elon Musk sold another roughly $1 billion in Tesla shares, nearing his apparent target of selling 10% of his stake in the electric car company.
Musk sold 934,090 shares, or roughly $1.02 billion of his holdings, according to financial filings published Tuesday. He also exercised options to purchase almost 1.6 million Tesla shares for $6.24 per share which were granted in a 2012 compensation package.
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