Since publicly endorsing Trump shortly after the first assassination attempt on the former president in July, Musk has stepped up his rhetoric, most notably on X, and has contributed tens of millions of dollars to a political action committee that's supporting the Republican...
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...
Elon Musk alsosold TSLA shares in April, selling around $4 billion worth of stock. Around that time, the Tesla CEO revealed he would be selling Tesla shares to fund his part of the $44 billion Twitter deal. “The $21 billion in equity financing for Twitter will result in some piece of...
EV giant’s stock is seeing the biggest two-day price gain in its history, adding $38 billion to Musk’s wallet The value of Elon Musk’s Tesla stake is seeing its biggest two-day gain ever. Elon Musk has made more money on his Tesla Inc. stake over the past two days th...
Tesla’s stock has risen over 54 percent this year alone, valuing the electric vehicle firm at more than $1T. It was also a crucial factor in Musk’s rise to the position of world’s richest person. According to Forbes, his net worth has risen to more than $275 billion. Musk is sai...
If you're a fan of Tesla CEO Elon Musk and own stock in his company, you might need to take a seat. After Musk sent a tweet lamenting that the company's stock price was too high, it dropped a whopping 12 percent before leveling out at about a 9.5 percent drop overall for the day...
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 ...
TeslaCEOElon Muskspent many years as a punching bag for investors who continuously bet the stock would fall and the electric car maker would fail. TickerSecurityLastChangeChange % TSLATESLA INC.357.09+11.93+3.46% However, the steady climb in the stock, up 111 percent this year and over 401 ...
Trump’s victory suggests Musk’s big bet began to pay off. Investors speculate that Musk and his companies including Tesla will benefit from Trump’s return to the White House. Roth MKM analyst Craig Irwin, who was bearish on Tesla for a long time, last week commented Tesla stocks are “...
In a blogpost, made public after several hours of tweeting, Musk laid out his rationale for wanting to go private: As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders. Being pu...