• Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Money Profit News
No Result
View All Result
Home Breaking News

Elon Musk exercises more options, sells Tesla shares worth $1.01 billion

by
December 3, 2021
in Breaking News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related Posts

Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.

Binance CEO’s trading firm received $11 billion via client deposit company, SEC says

Deep Value Stocks Are Super Cheap. Why a Recession Isn’t a Worry.

Mastercard and Visa Tumble on New Bill Threat. Analysts Don’t See a Problem.

Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany.

Patrick Pleul | AFP | Getty Images

Tesla Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax obligations related to the exercise of options to buy 2.1 million shares, regulatory filings showed on Thursday.

In early November, the world’s richest person tweeted that he would sell 10% of his stock if users of the social media platform approved. A majority of them had agreed with the sale.

Since Nov. 8, Musk has exercised options to buy 10.7 million shares and sold 10.1 million shares for $10.9 billion.

Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.

Next Post

Less than 6 months after its IPO, China's Didi says it will delist from the New York Stock Exchange

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Breaking News

Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.

by
June 8, 2023
0

Read more

Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.

Binance CEO’s trading firm received $11 billion via client deposit company, SEC says

Deep Value Stocks Are Super Cheap. Why a Recession Isn’t a Worry.

Mastercard and Visa Tumble on New Bill Threat. Analysts Don’t See a Problem.

Billionaire investor Stanley Druckenmiller warns there are ‘more shoes to drop’ and says Silicon Valley Bank was ‘probably the tip of the iceberg’

‘These Are the Best You Would Get,’ Goldman Sachs Says About 2 ‘Strong Buy’ Stocks

Load More

All rights reserved by www.moneyprofitnews.com

  • Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

moneyprofitnews