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 ...
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...
When Elon Musk talked, the stock market listened. Tesla stock prices dropped Friday, a day after the CEO saidinvestors often "get carried away"with the electric car company's stock price. Muskmade his comments after announcingNevadaas the winner ofTesla's $5 billion battery gigafactory. "I t...
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...
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 steepes...
Musk made the comments in response to a post on X about billionaire investor Warren Buffett's Berkshire Hathaway increasing its stockpile of cash equivalents and short-term treasuries after paring back its stock positions, including that of its largest holding, Apple. "He is clearly expecting a ...
Musk, either alone or as a member of a group, won't be allowed to own more than 14.9% of Twitter's outstanding stock for as long as he's a board member and for 90 days after.The 9% holding makes him Twitter's largest shareholder. In a tweet, Musk said he was looking forward to...
Elon Musk Calls George Soros Magneto After Billionaire Sold Off Tesla Stockwas originally published onhiphopwired.com 1. https://twitter.com/Mike_Eagle/status/1658313238587793409?s=20 2. 3. 4. 5. 6. 7. 8. https://twitter.com/JamesSurowiecki/status/1658314637043986434?s=20 ...
Tesla CEO Elon Musk announced on Thursday that he would not sell any more Tesla stock for approximately two years. In a Twitter Spaces audio chat, Musk stated that he expects a “serious recession” in 2023 and a decrease in demand for high-cost items. ...
Tesla Chief Executive Elon Musk received more than $2.2 billion in stock option awards in 2018, according to a regulatory filing. However, Musk will only receive that money over the course of a 10-year period if Tesla's market capitalization reaches $650 billion. Musk’s base salary (which...