Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stoc...
Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close the $44 billion deal to buy the social media platform, the Tesla CEO stressed. Elon Musk Sells Nearly 8 Million TSLA Shares Tesla and Spacex CEO Elon Musk has sold 7,924,107 shares of Tesla (Nasdaq: TSLA), according to a filing with the U.S. Securities and Exchange Commission (SEC) Tuesday night. The transactions took place on Aug. 5, 8, and 9. At the time of writing, the sales amounted to $6.86 billion. Musk....
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Elon Musk – the world’s richest person with a net worth of over $200 billion – sold almost $4 billion worth of Tesla shares after previously announcing he was already done doing so. It can be recalled that in August 9, Musk used Twitter – which he now owns courtesy of a $44 billion purchase […]
News of Elon Musk selling Tesla shares has rocked the market lately. The billionaire had sold a total of 2.15 million shares valued at $5 billion on Thursday. The sale comes after a widely received poll that the Tesla boss had earlier set up on Twitter to ask the community what they think about him selling off the shares. At the time, the stocks Musk had proposed to sell had been worth around $25 billion. After the poll went live, it had garnered over 3.5 million votes, with the majority saying that he should sell off the shares. It was a close call though as only 58 had voted in favor of....
With just hours to go, the results of a survey Musk says he will "abide by" demand that he sell 10% of his TSLA holdings. Bitcoin (BTC) fan, Tesla CEO and world's richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells him to.In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion.Twitter tells Musk to sell $TSLAU.S. Treasury Secretary Janet Yellen caused a stir this year by arguing that the government should tax unrealized gains as part of a plan targeting "exceptionally....
Tesla stock has dipped 14% since Elon Musk appeared on SNL, with Musk estimated to have lost $20 billion in that time frame. Elon Musk has reportedly lost $20 billion since his May 8 appearance on Saturday Night live, as the news of Tesla halting BTC payments for cars continues to send shockwaves across markets. On May 7, the day before Musk made his appearance on SNL, Tesla stock was sitting at $669. In the week since the stock has declined 14% to sit around $573. According to Forbes estimates, this sudden drop has seen Musk’s $166 billion net worth plunge by $20 billion down to around....
The eccentric billionaire polled his Twitter followers but already had the sale planned due to tax obligations. Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale of more than 934,000 Tesla shares worth around $1.1 billion.Musk sold the shares at an average price of around $1,170, locking in almost 180% in gains in prices over the past year. It is just the third time Musk has sold company stock since Tesla went public on the Nasdaq in....