Musk cashes out another $3.6b in Tesla stock

Musk cashes out another $3.6b in Tesla stock

FILE PHOTO: Tesla founder Elon Musk attends Offshore Northern Seas 2022 in Stavanger, Norway August 29, 2022. NTB/Carina Johansen via REUTERS/File Photo

Tesla boss Elon Musk disclosed another $3.6 billion in stock sales on Wednesday, taking his total near $40 billion this year and frustrating investors as the company’s shares wallow at two-year lows.

A U.S securities filing showed he unloaded 22 million shares in the world’s most valuable carmaker over three days from Monday to Wednesday.

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