Musk sells $3.58B worth of Tesla stock, purpose unknown

Musk sold another $3.58 billion worth of Tesla stock this from Monday through Wednesday, according to a filing posted Wednesday night by the U.S. Securities and Exchange Commission.

However, it wasn‍‍`t clear where the proceeds were being spent.

The Tesla CEO, and new owner of Twitter, Musk has sold nearly $23 billion worth of Tesla stock since April.

Musk first disclosed in April that he was buying up Twitter stock. The takeover of Twitter has not been smooth, and some big companies have halted advertising on the social media platform. Musk has said that Twitter had “a massive drop in revenue" due to the advertiser losses.