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.
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 ...
According to a recent report byTeslarati,TeslaCEOElon Musknow owns about 564,000 more shares than he did when he first started selling stock after his infamous Twitter survey. Wait, how is it possible to accumulate stock while selling so much? Not long ago, Musk asked his Twitter followers ...
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 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.
InDecember 2022, Musk promised during a Twitter Spaces discussion not to burn investors by selling any more stock to fund the troubled platform for at leastanother 18 to 24 months. “Definitely not next year under any ci...
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...
Tesla chief executive Elon Musk has said he will not sell any more of his stock in the company for two years. Mr Musk, who founded the electric vehicle-maker, was speaking on a Twitter Spaces audio chat when he said the economy is likely to be in a "serious recession" next year. ...
Key Points His trust sold more than 3.5 million shares worth over $3.88 billion in a flurry of trades carried out Tuesday and Wednesday. Earlier Wednesday evening, filings showed Musk is selling a block of Tesla shares via a plan that he set in motion on Sept. 14 this year....
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...