Elon Musk sells $1.1 billion in Tesla shares

SpaceX owner and Tesla CEO Elon Musk in Berlin on December 1, 2020. He has several innovations that include Paypal. PHOTO | AFP

Tesla CEO Elon Musk sold approximately $1.1 billion in shares of his electric car company, after indicating over the weekend he would sell 10 percent of his stock based on the results of a Twitter poll.

However the sell was put in motion on September 14, according to documents filed Wednesday, meaning it was not spurred by the survey's outcome.