In late October, Musk, the world's richest man, tweeted that he would sell $6 billion in Tesla stock and give the money to the United Nations World Food Program if the organization would describe how the money would solve world hunger. But the filing did not name any...
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...
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 Elon Musk has made more money on his Tesla Inc. stake over the past two days than over any other two-day period in the 14 years that the electric-vehicle maker ...
Tesla bull Cathie Wood also doesn’t seem too worried about the recent fall in TSLA’s stock price, calling it a “blip.” She believes Musk selling his shares was a sensible move. It might have taken some pressure off him from being a shareholder, allowing him to focus on his main ...
Tesla's stock price fell after Elon Musk said investors tend to get carried away with electric-car companies.
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 ...
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...
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 “...
Chief Executive Elon Musk’s all-in bet on Donald Trump to return as president is still paying off in a big way, as the electric-vehicle giant’s stock continues its historic post-election surge. Based on the post-election price targets of som...