Elon Musk has reportedly sold his Tesla shares worth $6.9 Billion.

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Tesla CEO sold his Tesla stock amid a legal showdown with Twitter over a $44 billion takeover deal.

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He also sold $8.5 billion worth of shares in the company back in April this year.

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Elon Musk allegedly stepped back from buying the social media platform, Twitter.

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Elon Musk tore up his April 25 agreement to buy the social media platform.

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Musk and Twitter; Both sides will head to a legal trial on October 17, 2022.

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Legal experts say Elon might have to sell more Tesla shares if he loses his battle against the social media giant.

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In the latest stock sale, Musk sold about 7.92 million shares between Aug.5 and Aug.9, according to multiple filings.

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The latest sales bring total stock sales by Musk to about $32 billion in less than one year.

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He now owns only 155.04 million shares in Tesla Company.

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