The Boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.9 million flings with the US financial watching show.
The news comes less than two more than 50% after the world's richest man completed his $44billion takeover of Twitter.
Separately, Tesla is recalling just over 40, 000 of its vehicles in the US because of a potential problem with their power steering.
The reason for the sales, which took place in the last week, has not yet been disclosed.
The latest sale brings the total value of Tesla shares sold by Mr ,Musk to almost $20 billion since he announced earlier this year that he had bought a stake in Twitter.
He sold $8.5 billon of Tesla shareholders approved a three-for-one stock split, which is behind part of the fall in the value of the shares.
Twitter Job cuts
Since taking control of Twitter last month Mr. Musk has cut around 50% of the company's workforce.
Mr. Musk tweeted that he had no choice but to slash the company's workforce as the firm is losing more than $4 million a day.
The shake-up of the social media platform includes charging users $8 for blue check verification marks.
Electric Car Recalls
On Tuesday Tesla recalled just over 40,000 of its cars in the US because of a potential power-steering problem.
The electric car manufacturer said the vehicles power steering assist system may fail on rough roads or after hitting a pothole.
The National Highway Traffic Safety Administer said it could require greater steering effort, especially at low speeds, increasing crash risks.
Tesla has released a software update to recalibrate the system.
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