Elon Musk recently sold millions of shares of his auto firm Tesla, which comes just weeks after the billionaire entrepreneur acquired Twitter. Between Dec. 12 and 14, Musk sold around 22 million Tesla shares valued at roughly $3.6 billion, according to a filing done with the Securities and Exchange Commission (SEC) on Wednesday night. Since…
Musk Sells 22 Million Tesla Shares Worth $3.6 Billion, Analysts Questioning Tesla Leadership
‘ESG Ratings Make No Sense’: Elon Musk Responds to Ark Invest Analyst Who Defends Bill Gates
Tesla Inc. CEO Elon Musk on Saturday responded to an assertion by Ark Investment Management analyst Brett Winton, who said it was “okay” for Bill Gates to short the EV Maker’s stock. What Happened Winton explained in a tweet that Tesla only has an “average” ESG (Environmental, Social, and Governance) rating, so as long as Gates…
Elon Musk Sells Another $963 Million Tesla Stock Amid Insider Selling Frenzy on the S&P500
Tesla Inc. CEO Elon Musk sold shares worth $963.2 million on Thursday, as per filings made with the U.S. Securities and Exchange Commission. What Happened: Musk sold 934,091 shares of Tesla and also exercised options to purchase 2.17 million shares of the automaker at $6.24. As per the filings, the shares were “sold solely to…
Elon Musk Exercises Tesla Options, Sells $1.1 Billion in Shares to Cover Taxes
Tesla Chief Executive Elon Musk sold about $1.1 billion worth of shares to cover tax obligations on options exercise, the billionaire reported in filings on Wednesday. Musk exercised options to acquire nearly 2.2 million shares of Tesla and then sold about 934,000 shares — about 0.5% of his Tesla holdings. The move gives Musk cash…
Twitter Users Say ‘Yes’ to Musk’s Proposal to Sell 10 Percent of His Tesla Stock
Tesla Inc. CEO Elon Musk should sell about 10 percent of his Tesla stock, according to 57.9 percent of people who voted on his Twitter poll asking users of the social media network whether he should offload the stake. “I was prepared to accept either outcome,” Musk said, after the voting ended. The world’s richest…
Musk Asks Twitter Followers Whether He Should Sell 10 Percent of His Tesla Stock
Tesla Inc Chief Executive Elon Musk on Saturday asked his 62.5 million followers on Twitter in a poll if he should sell 10 percent of his Tesla stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk wrote in a tweet…
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