Musk has been criticized recently by the likes of Senator Bernie Sanders and former Secretary of Labor Robert Reich for allegedly avoiding paying income taxes despite hisrising net worth. These critics seem to overlook the fact that Musk can only pay taxes if he sells Tesla stock—something he’...
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...
ISS dismissed the proposal as "excessive" and Glass Lewis wrote in a 71-page report, shared with CBS MoneyWatch, that Tesla shareholders risk stock dilution if Musk is granted the massive stock grant, meaning their shares could be worth less as a result. In April, ...
Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA), has sold an extra 934,090 shares worth $1.02B, based on an SEC filing. The billionaire’s ownership in both his electrical vehicles auto manufacturer and his solar firm is included in the outsourced stock. Additionally, Musk executed alternat...
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?
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.
He sold $7 billion of his Tesla stock in August as he worked to finance the Twitter purchase he was trying to get out of at the time. In all, Musk has sold more than $19 billion worth of Tesla stock since April, including those in Tuesday's filings, likely to fund his share of ...
While this helped put a floor underneath Tesla’s price, some may have forgotten his implicit warning that the time may yet come when he needs to offload stock once more. With 2025 now rapidly approaching and X’s fin...
Buying Tesla stock is like buying a call option on Elon MuskKara Chin
Tesla announced on Thursday it plans to offer $2 billion of common stock. CEO Elon Musk will buy as much as $10 million of stock in this offering, while board member Larry Ellison will also purchase up to $1 million. The move comes two weeks after Musk declared that Tesla d...