Musk has sold 79.09% of Tesla shares promised to sell
Tiger Newspress2021-12-22
Tesla CEO Elon Musk exercised 2088955 options at the price of US $6.24 and sold 583611 Tesla shares with a total value of $528 million on December 21,according to SEC documents.
Musk has sold about 13484123 Tesla shares since November 8, accounting for 79.09% of its previously committed shares.
Tesla shares have fallen 24% since a peak on Nov. 4, just prior to Musk’s Twitter poll, to which the majority of answered “yes.”
Musk, 50, is the world’s richest man, atop of the Bloomberg Billionaires Index with a fortune of $244.9 billion. He said in a Tweet late Sunday that he would pay more than $11 billion in taxes this year.
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