Elon Musk starts selling billions worth of Tesla shares after Twitter poll

Elon Musk has kicked off a cascading sale of his personal Tesla holdings after recently asking his Twitter followers if he should sell 10 percent of his stake in the company to pay taxes. According to 10 new filings with the Securities and Exchange Commission published Wednesday, the billionaire CEO has sold at least $5 billion worth of Tesla stock so far this week.

The filings are likely to keep coming, too, as the few million shares sold are far short of 10 percent of the more than 240 million Musk owns in his company.

Musk is selling these shares after facing increased scrutiny over his wealth, especially from elected officials. The world’s richest man has been...

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