Elon Musk has now unloaded more than $10 billion in Tesla Inc. stock as the billionaire’s share-selling spree involving his holdings in the electric-vehicle maker stretched into a second month.

Mr. Musk on Thursday sold more than 934,000 Tesla shares valued at just over $1 billion, according to regulatory filings. The sales came as Mr. Musk exercised more than 2.1 million vested Tesla stock options.



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