Reportedly, Tesla (TSLA) CEO, Elon Musk recently sold $6.9 billion worth of his Tesla shares. Some analysts and investors are suggesting that this recent move might be implying that these funds could be used to finance the outstanding and highly publicized Twitter (TWTR) deal if the EV giant loses a legal battle with the social media platform, due for trial on Oct. 17.
In early July, Musk withdrew his April 25 agreement to buy Twitter for $44 billion. The social media giant has sued Musk to force him to complete the transaction, dismissing his claim that he was misled about the number of spam accounts on Twitter.
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