Tesla's Musk sells more shares after Twitter poll

Elon Musk has sold even more shares in Tesla.

Regulatory filings on Friday (November 11) showed that Musk disclosed a sale of just under 640,000 shares of the electric-car maker.

It comes days after he already sold about $5 billion worth of the stock.

The Tesla CEO and world's richest person made the sales following a Twitter poll he ran last weekend.

He asked if he should offload 10% of his company stock - and the majority of online voters approved.

Musk owned a 23% stake in Tesla before the sales, including stock options.

He had said before that he would have to exercise a large number of stock options in the next three months.

Doing so would create a big tax bill.

Selling some of his stock could free up funds to pay the taxes.

The sales so far still amount to a lot less than 10% of his stake.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting