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Elon Musk Says He Will Stop Selling Tesla Shares

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Elon Musk promised to halt selling shares of Tesla Inc. 

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He also said that any economic downturn could influence a company's decision to buy back its stock. 

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This was to ease concerns about his purchase of Twitter.

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On Thursday's Twitter Spaces call, Mr. Musk indicated that he would not sell any Tesla stock for at least 18 to 24 months. 

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Since November 2021, when the stock reached its peak, the chief executive of Tesla has sold more than $39 billion worth of shares.

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“You certainly have my commitment I won’t sell stock until, I don’t know, probably two years from now...

Definitely not next year under any circumstances and probably not the year thereafter,” he said. 

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