Tesla’s Musk sells shares worth nearly $13 billion

Tesla Inc Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world’s richest person polled Twitter users about offloading 10% of his stake in the electric-car maker. The billionaire sold another 934,091 shares for $906 million on Monday to pay for taxes on the exercise of stock options to buy 2.13 million shares in Tesla, according to U.S. securities filings.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3DX9nY5 via IFTTT

from Blogger https://ift.tt/3lXVp2f via IFTTT

#Blogger #IFTTT