Tesla stock valued at $3.95 billion is sold by Elon Musk.

Elon Musk, the CEO of Tesla and the new owner of Twitter, has reportedly sold roughly $4 billion worth of Tesla stock.

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According to documents filed with the Securities and Exchange Commission on Tuesday, Musk, who paid $44 billion for Twitter, sold 19.5 million shares of the electric vehicle

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manufacturer between November 4 and November 8.In August, he sold $7 billion of his Tesla stock to raise money for the Twitter acquisition he was attempting to avoid at the time.

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According to Tuesday's papers, Musk has sold more than $19 billion worth of Tesla stock overall since April, likely to pay for his half of the Twitter acquisition.

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Tesla Inc. stock is where the majority of Musk's fortune is invested. According to Forbes, his personal net worth fell below $200 billion on Tuesday, although he is still

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the richest man in the world.Morgan Stanley was one of the institutions that Musk had arranged for to help fund the Twitter transaction. Wedbush Analyst Dan Ives calculated that

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his initial portion of the deal was at $15.5 billion. However, Musk would be responsible for replacing them or contributing more of his own money if equity investors pulled out.

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Shares of Tesla finished at $191.30, down $5.78, or 2.9%. Since the beginning of the year, the stock has lost 52% of its value.

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The S&P 500 index, in contrast, has lost approximately 20% of its value so far this year.

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