According to an interview released on Tuesday, Tesla CEO Elon Musk stated he has sold "enough stock" to meet his goal of selling 10% of his shares in the world's most valuable car firm.

After moving the company's headquarters from California to Texas last month, the billionaire lambasted the state for "over-taxation" and "overregulation."

Tesla shares, which had been hovering at record highs, dropped almost a quarter of their value after Musk announced on Nov. 6 that if Twitter followers agreed, he would sell 10% of his holdings.

Tesla's stock jumped over 4% in morning trading on Wednesday.

Musk sold another 583,611 shares on Tuesday, bringing his total number of shares sold to 13.5 million, or nearly 80% of what he had planned to sell.

In an interview with conservative parody website Babylon Bee, he remarked, "I sold enough shares to get to roughly 10% plus the option exercise stuff and I tried to be quite specific here."

When questioned if he sold the shares because of the Twitter poll, he stated that "no matter what," he needed to exercise stock options that expire next year. He went on to say that he sold more "incremental shares" to reach close to 10%.Tesla CEO Elon Musk becomes world's richest person | Autocar

According to Tesla's securities filings, 8.06 million of the 13.5 million shares sold were sold to pay taxes connected to his option exercise.

Musk still has more than 3 million stock options that will expire in August of next year, and if he follows his historical sales trends, he may sell a portion of them to pay taxes.

He announced on Twitter on Sunday that he would pay over $11 billion in taxes this year.

"California used to be the land of opportunity, but now it's more so the land of sort of overregulation, overlitigation, and over-taxation," he remarked, adding that getting things done in California was becoming "increasingly difficult."

He has stated that his tax rate is over 50%, which includes both federal and state income taxes. Musk announced last year that he had moved from California to Texas, where he would be exempt from paying income taxes.

Musk also dismissed the "metaverse," an euphemism for shared virtual world surroundings, claiming that playing video games with goggles might cause motion sickness; "Sure, you can put a TV on your nose," he stated.

"I don't believe we're on the verge of vanishing into the metaverse. This sounds like a jargon to me."