$1.1 billion shares sold

Tesla boss sells $1.1bn of shares in carmaker

It comes days after he asked his 63 million Twitter followers whether he should sell 10% of his stake in Tesla.

The company's shares fell by around 16% in the two days after the poll came out in favour of him selling shares, before regaining some ground on Wednesday.

Tesla is the world's most valuable carmaker, with a stock market valuation of more than $1tn.

Mr Musk sold more than 930,000 shares in the company, about 0.5% of his stake, according to filings with the US stock market regulator.