Tesla chief executive Elon Musk has sold $3.6 billion worth of shares in the electric vehicle firm, according to a filing in the United States Securities and Exchange Commission.
Elon Musk exercised an option on Tuesday to buy 1.6 million shares of Tesla and sold 934,090 shares for $1.02 billion to pay for taxes associated with the option exercise, the filings showed.
The world's richest person had tweeted that he would sell 10% of his stock if users of the social media platform approved. A majority of them had agreed with the sale.