American businessman and inventor Elon Musk sold 19.5 million shares of Tesla, the electric car manufacturer, amid investors' concerns that the purchase of Twitter would distract him from other business. The market value of Tesla is currently $650 billion.
The value of Tesla securities sold is estimated at nearly $4 billion, according to a document of the U.S. Securities and Exchange Commission (SEC).
Earlier it was reported that the fortune of Ilon Musk in April decreased by 70 billion dollars due to the fluctuations of Tesla shares. Since he bought Twitter, Tesla shares have "sagged" by 15.04%.
Musk's fortune is now estimated at $194.8 billion.
According to Musk, the social network Twitter should turn into a source of the most accurate information in the future.
According to Musk, the number of users of the platform has increased significantly since he acquired the company.
"As Twitter becomes the most reliable source of truth, it will become indispensable," the businessman stressed.
In October, the head of Tesla said that his company, a maker of niche luxury cars, would one day be worth more than Apple and Saudi Aramco combined.
Apple and Saudi Aramco, which Elon Musk plans to overtake, are jointly valued at about $5 trillion.