Elon Musk, co-founder of Tesla and SpaceX and owner of X, is seen here at a conference in May. Musk and the Tesla board are facing a shareholder suit over his sale of $7.5 billion worth of Tesla shares in late 2022.
Mandatory Credit:	Apu Gomes/Getty Images via CNN Newsource

Elon Musk, co-founder of Tesla and SpaceX and owner of X, is seen here at a conference in May. Musk and the Tesla board are facing a shareholder suit over his sale of $7.5 billion worth of Tesla shares in late 2022.
Mandatory Credit: Apu Gomes/Getty Images via CNN Newsource

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Musk accused of improperly selling $7.5 billion in Tesla stock before weak sales report that crashed its price

Elon Musk and the Tesla board are facing a shareholder suit over his sale of $7.5 billion worth of Tesla shares in late 2022, ahead of a January 2023 sales report that sent the price of the stock plunging.