Elon Musk once again sold Tesla shares

FineAuto

American billionaire Elon Musk sold Tesla shares for more than $ 1 billion. He sold another 934,091 shares of the electric vehicle maker.

This was reported by RBC-Ukraine with reference to Bloomberg.

In particular, it is reported that Musk sold part of the company’s shares for the first time in five years.

“On Monday, Musk dumped about $ 1.1 billion in Tesla assets to pay part of the tax on stock options,” the newspaper writes.

These deals, according to Bloomberg, were scheduled back in September. The businessman made the remaining sales on Tuesday and Wednesday.

The richest man in the world dumped approximately 934,000 shares in the latest deal, according to regulatory filings dated Thursday. These sales were supposed to help him offset taxes on the exercise of about 2.1 million options.

Earlier this weekend, Musk conducted a survey among users on his Twitter, whether he should sell 10% of Tesla shares. Most of the followers voted for the sale, and the billionaire promised to follow their decision.

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