Today news
About the same in other media
Elon Musk sells $5bn in Tesla stock days after Twitter poll
Reading now: 533
theguardian.comElon Musk has sold about $5bn in shares amounting to roughly 3% of his Tesla holdings, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake.
About $4bn worth of the sale – 3.6m shares – could be considered as counting towards his 10% pledge on Twitter. Another $1.1bn worth, amounting to 934,000 shares, was sold under an options arrangement to acquire nearly 2.2m shares that was already in train before the poll.
Shares in the electric vehicle manufacturer make up the vast part of his estimated $281.6bn fortune, according to Forbes.
Musk on Saturday polled Twitter users about selling 10% of his stake, helping to push down Tesla’s share price after a majority said they agreed
Read more on theguardian.comAbout this in other media
Binance CEO counters Elon Musk for bringing up Dogecoin issues cointelegraph.com /2 years ago
Elon Musk Throws 'Shade' at Binance Over DOGE Handling, CZ Bites Back cryptonews.com /2 years ago
Here’s why Elon Musk and Jamie Dimon don’t get along fnlondon.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
