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Elon Musk sells his LA mansion for $29 million

Elon Musk sells his LA mansion for $29 million
Elon Musk sells his LA mansion for $29 million

Tesla Inc. Chief Executive Elon Musk sold his mansion in Los Angeles for 29 million USD, Wall Street Journal report. Elon Musk made headlines in May when he announced a plan to sell nearly all of his physical possessions, including his real estate.

It is noteworthy that the owner has sold his property himself sales agents’ services.

Reportedly, the buyer is a company tied to Chinese billionaire William Ding, the report said. He is the founder and chief executive officer of online gaming firm NetEase Inc.

The seven-room mansion was built in 1990. It contains a 2-floor library, home cinema, tennis courts, sporting gym, and swimming pool. The territory contains a garden and garage. Musk bought the property in 2012 for 17 million USD.

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