Musk Sells Another $6.9 Billion of Tesla Ahead of Twitter Trial

Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc.

Tesla’s chief executive officer sold about 7.92 million shares during the last three days of trading, according to regulatory filings. Musk, who still owns almost 15% of the electric-car maker, tweeted that he was done selling and would buy Tesla shares if the Twitter deal doesn’t close.

“In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it ...