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Israeli Channel 13: The Iranian nuclear program cannot be destroyed with missiles, even if we spend another year attacking it alongside the Americans.
Over 30 casualties in a suicide bombing that targeted the Mar Elias Church in Damascus, Syria.
Iranian Shura Council recommends the closure of the Hormuz Strait and leaves the decision up to the Iranian National Security Council.
IRGC Commander Major General Mohammad Pakpour: As time passes, the people's solidarity increases, which is a divine blessing
IRGC Commander Major General Mohammad Pakpour: The Iranian Revolution Guard Corps' aerospace operations will not stop
Russian Foreign Ministry: IAEA Director General Rafael Grossi must ensure that an objective report is presented at the special session of the International Atomic Energy Agency (IAEA)
Russian Foreign Ministry: The UN Security Council must respond to the US attacks on Iran
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Iranian Red Crescent: Three personnel martyred, 29 injured in Israeli aggression
IRGC: We have identified and monitored the departure points of the US aircraft that carried out the aggression

Elon Musk sells almost $4 billion in Tesla shares

  • By Al Mayadeen English
  • Source: Agencies
  • 9 Nov 2022 09:34
2 Min Read

Finding a way to pay for his debt, Musk sells Tesla shares.

  • x
  • Elon Musk. (Bloomberg)
    Musk sold more than 19 million shares (Bloomberg)

Tesla CEO Elon Musk sold almost $4 billion worth of shares of Tesla stock, according to SEC filings on Tuesday. This comes just over a week after he closed his $44 billion purchase of social media giant Twitter. 

Looking for ways to pay for the Twitter deal, Musk took billions of dollars in debt and earlier sold $15.5 billion worth of Tesla shares. He even went on to include an idea to charge verified accounts 8$ a month. 

On Tuesday, the US Securities and Exchange Commission (SEC) indicated that the Twitter CEO had disposed of more than 19 million shares worth of $3.9 billion. 

Although Musk pulled Twitter off the stock market, he pulled the company into heavy debt, which is a risky choice for a money-losing business. 

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Trump says Musk has 'lost his mind', dismisses peace offering

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Twitter launches new paid subscription

Twitter began rolling out a contentious new paid subscription system last Saturday, which billionaire Elon Musk, the social network's unpredictable new owner, ordered staff to construct after taking over last week.

Days into Tesla CEO Elon Musk's leadership of one of the world's major venues for dialogue and activism, his promises and provocations have elicited a flood of responses, including warnings from the United Nations and an apology from Twitter's co-founder.

His intention to reduce content monitoring on the site has alarmed UN rights chief Volker Turk, who urged him on Saturday to make human rights a priority for the social network. "Twitter has a responsibility to avoid amplifying content that results in harm to people's rights," Turk said in his open letter. 

He said that the news that Musk had fired every member of the platform's human rights team was "not, from my perspective, an encouraging start."

Read next: Elon Musk claims to want to "help humanity" by buying Twitter

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Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

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