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The Popular Resistance Committees: We call on all international institutions to take urgent action and uphold their responsibilities by restoring and immediately enforcing effective mechanisms for the distribution of humanitarian aid.
The Popular Resistance Committees: The latest Zio-American crime against Gaza’s starving civilians constitutes a war crime, for which the US administration bears full and direct responsibility.
Gaza Media Office: Bloody spectacle shows that these zones have become collective death traps rather than aid distribution zones.
Gaza Media Office: Dozens of citizens are still surrounded under constant fire in the vicinity of the "aid station."
Gaza Media Office: As soon as citizens arrived, occupation and Americans opened direct fire on them.
Gaza Media Office: Occupation, in complicity with the US company, called on citizens to move toward Wadi Gaza Bridge, claiming that aid would be distributed.
Gaza Government Media Office: Occupation set a bloody trap at bridge of Wadi Gaza, luring thousands of starved civilians, and opened fire on them.
Al Mayadeen's correspondent in South Lebanon: Israeli drone drops sonic grenade in town of Ramiyah.
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The Government Media Office in Gaza: The occupation’s latest crime is further evidence of its ongoing implementation of genocide through starvation.

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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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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