Tesla will offer $2 billion of common stock, with CEO Elon Musk and board member Larry Ellison each buying shares.
Musk has actually been acquiring stock at a massive discount via the exercising of options. Nonetheless, Tesla stock has taken a hit, though it seems the entire stock market has been a bit of a rollercoaster of late.
Twitter’s stock soared in pre-market trading on Monday after Tesla CEOElon Muskdisclosed a more than 9 percent stake in the social media giant, making him one of its largest shareholders. As of 7:25 a.m. ET, Twitter shares were up more than 24 percent at $48.81. In a filing with ...
Months after claiming he was done selling Tesla stock, Tesla CEO Elon Musk has sold off another $3.95 billion worth of Tesla shares, according to filings.
Buying Tesla stock is like buying a call option on Elon MuskKara Chin
Elon Musk faces a tax bill of over $15 billion in the coming months on stock options, making a sale of Tesla stock this year likely regardless of the Twitter vote.
Elon Musk continuedselling Tesla shareslast week, offloading a combined $6.9 billion worth of stock. Since the Tesla CEO pledged in a Twitter poll to sell 10% of his holdings in the company (worth about $20 billion), it means he’s still a long way to reaching that threshold. So why ...
The Stock Market]]>Ben Carlson
Detroit— Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter.Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices rangi...
For all of Elon Musk’s idiosyncrasies that frequently put him in the spotlight (andlawsuitswith the U.S. Securities and Exchange Commission, for that matter), it’s hard to deny his business acumen. Yes, Tesla shares plummeted Thursday. The figure was so bad that it’s the stock’s ste...