Elon MuskImage source, Reuters

The US financial watchdog shows that Musk has sold another 19.5 million shares of his company.

Less than two weeks ago, the world's richest man completed his acquisition of the micro-blogging site.

The share price of the company has fallen since the beginning of the year.

Over 40,000 of its vehicles in the US are being recalled because of a power steering issue.

The latest sale brings the total value of Mr Musk's shares in the company to almost $20 billion.

In the first four months of the year, he sold more than $10 billion of stock in the electric car company.

Over 40,000 of its cars were recalled in the US because of a power steering issue.

The electric car manufacturer said that the power steering assist system can fail on rough roads.

The NHTSA said it could require more steering effort at low speeds.

The software update was released by the company.

There were no injuries or deaths related to the problem.

Half of the company's workforce has been cut since Mr Musk took over.

The firm is losing more than $4 million a day and Mr Musk had no choice but to cut the workforce.

He blamedactivist groups for a drop in revenue.

Users will have to pay $8 for blue check verification marks.