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Elon Musk Sells $1.02 Billion Worth of Tesla Shares

Tiger Newspress2021-12-29

Elon Musk sold $1.02 billion of Tesla Inc. shares, according to a filing with the U.S. Securities & Exchange Commission.

The Tesla chief executive officer sold 934,090 shares, the filing showed.

Musk, the world’s richest person, has been offloading Tesla stock since asking his Twitter followers in November whether he should sell some of his stake.

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  • Yappydappy
    ·2021-12-29
    Zzzz
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  • matrix20xx
    ·2021-12-29
    OMG. power.
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  • RO8
    ·2021-12-29
    Wow
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  • LohYK
    ·2021-12-29
    Much have been focused on the selling but Elon actually gain more shares after the whole thing. - exercising the expiring options at dirt cheap prices - paying the billion dollar taxes In conclusion, Elon increased his holding on the company. He could he made much more if not for the taxes.
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    • doubleZ
      Totally agree. Team Elon all the way!
      2021-12-31
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    • snixee
      Musk is a great entrepreneur. Without his leadership, Tesla would not be today. Musk almost went bankrupt two years ago, but now he is the richest man in the world. He made Tesla, not Tesla made him. In this case, what's wrong with him choosing to pay taxes in cash? Perhaps his other new projects to transform the world need more money.
      2021-12-29
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    • blinkix
      The rise and fall of Tesla's share price have little to do with whether Musk cashes out. What we really need to pay attention to is the trend of the Federal Reserve. If the Federal Reserve announces a rate hike, it means that the bull market of American stocks, which has been a master for many years, has come to an end. At this time, Tesla's share price, which is seriously overvalued, will definitely plunge.
      2021-12-29
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  • tkj
    ·2021-12-29
    This is the dilemma of company management.  When the price is good, they cannot sell as it may be construed as bad things going to come. How pathetic when u are sitting on a pot of gold but cannot capitalise on it.....
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    • huuou
      Rich people have many ways to cash out.
      2021-12-29
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    • twizzy
      Everyone has their own troubles. Don't worry about them. Good luck. Happy new year
      2021-12-29
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    • whimsie
      Carefully study every company that wants to invest. Don't worry about it.
      2021-12-29
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  • UTOtrader
    ·2021-12-29
    Sell more sell all hahaha
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  • Nez
    ·2021-12-29
    Buy the dip!
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  • Frosty4ever
    ·2021-12-29
    Elon has completed his selling.  Quarterly production numbers coming out next week. 
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    • Galaxy88
      Ok
      2021-12-29
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    • KittyBruno
      the only good thing is Elon Musk has stopped selling that is the only thing that is fantastic
      2021-12-30
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    • littlesweetie
      earnings is coming everybody is going to pile into this stock this is a huge catalyst you will absolutely make money if you buy it this level
      2021-12-30
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  • KukuSaguru
    ·2021-12-29
    Sell more is good to bring price down
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  • TLC88
    ·2021-12-29
    Ok
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  • jaster
    ·2021-12-29
    Elon says he is selling Tesla stock to pay taxes, but he has sold far more than is necessary to pay off his taxes. The fact that the founder/CEO (who presumably has unparalleled access to insider information) is doing so should be a huge warning to anyone not blinded by the Tesla hype.
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    • Jamz_stocks
      Why are you panicking
      2021-12-29
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    • Jamz_stocks
      It’s not like he’s selling his company.. he exercised options as it was expiring.. and he bought more as well
      2021-12-29
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    • Nez
      True
      2021-12-29
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    View more 2 comments
  • Rudyy
    ·2021-12-29
    Like
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  • SMARTDODO
    ·2021-12-29
    Thanka for sharing
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  • Home22
    ·2021-12-29
    Should bring the price down or split shares
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  • Home22
    ·2021-12-29
    Should bring the price down or split shares
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  • HengHuat
    ·2021-12-29
    Just do what you need and keep shut your mouth 
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    • ming22
      Haha [Like]
      2021-12-29
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  • puaychoo
    ·2021-12-29
    Like pls
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  • Harry S
    ·2021-12-29
    Should sell more[Happy] 
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  • Ah Deck
    ·2021-12-29
    No more selling 
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  • Jjjjia
    ·2021-12-29
    Like pls 
    Reply
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