Elon Musk hasactually offered almost $7 billion worth of shares in Tesla as the billionaire gets his financialresources in order ahead of his court fight with Twitter.
Musk revealed in series of regulative filings that he unloaded about 8 million shares of his business Tesla Inc. in current days.
“In the (hopefully notlikely) occasion that Twitter forces this offer to close and some equity partners puton’t come through, it is essential to prevent an emergencysituation sale of Tesla stock,” Musk tweeted late Tuesday.
Musk is by far the biggest specific investor in both Tesla and Twitter.
Shares of Tesla increased nearly 2% priorto the opening bell Wednesday. Shares of Twitter Inc., up 16% in the past month with most thinking Musk dealswith long-shot chances of success in court, leapt another 3%.
Musk countersu