Elon Musk Selling California Properties Listed for $62.5 Million
- Tesla CEO tweeted in May he wanted to unload possessions
- Buyer is developer known for high-end Los Angeles homes
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Tesla Inc. Chief Executive Officer Elon Musk has signed a letter of intent to sell properties in Los Angeles to Ardie Tavangarian, the developer said in a statement.
Musk, who tweeted in May that he planned to unload “almost all physical possessions,” had listed several homes for sale in California. That includes four properties on Chalon Road in Bel-Air that were listed on Zillow’s website for $62.5 million.