Elon Musk Sells $4 Billion Tesla Shares Since Twitter Takeover – Will He Offl...
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 […]
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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....
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....
Elon Musk announced on Friday that his planned $44 billion acquisition of Twitter is “temporarily on hold,” a further twist in the face of hints of internal strife around the potential acquisition. Following Musk’s statement, Twitter’s stock has dropped roughly 20 percent during early morning trading hours. Tesla’s stock increased by 5%. Musk agreed to […]
Tesla and Spacex CEO Elon Musk has asked his Twitter followers whether he should sell his Tesla stock. He has also promised to abide by the results of the poll. Many people urge Musk to sell his Tesla shares and put money into cryptocurrency, particularly bitcoin.
Elon Musk Asks Twitter Followers to Decide Whether to Sell His Tesla Shares; Most Said Yes
Tesla CEO Elon Musk set up a poll on Twitter Saturday asking his 62.7 million followers to decide whether he should sell 10% of his Tesla stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I....
Now, Elon Musk wants to own Twitter. Yup. Musk has unleashed a takeover attempt for Twitter on Thursday, offering $43 billion, or $54.20 per share, in a filing with the US Securities and Exchange Commission – just weeks after becoming the social media giant’s largest individual shareholder. The guy has the wherewithal to do whatever […]