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Tesla CEO Elon Musk’s trust sold 639,737 shares in the electric vehicle company on Thursday totaling about $687 million, according to regulatory filings made public Friday.
The news comes days after Musk and his trust sold roughly $5 billion worth of the stock.
Before the initial sale, Musk asked his millions of Twitter followers whether he should sell 10% of his Tesla stock and said he would follow the results. That poll was supported by about 58% of those who responded. But, some of the shares were sold in part to satisfy tax obligations related to an exercise of stock options.
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