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Tesla CEO Elon Musk sold more than 20 million shares of company stock between Monday & Wednesday.
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According to a regulatory filing, the sale is estimated at $3.5 billion.
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Musk's latest stock dump comes after selling nearly $4 billion worth of shares last month.
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Musk has yet to publicly state a reason for this share sale or if he is done with the day.
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He sold $8.5 billion of Tesla stock in April and another $7 billion in August.
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Musk now owns approximately $66 billion of Tesla stock after Wednesday's share sale.
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Tesla investors are concerned about Musk's involvement in Twitter, which sells them.
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Musk's involvement in the social media platform is a negative for Tesla. Investors back these arguments by pointing out the stock price of the company.
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