Money

Elon Musk sells some Tesla shares following Twitter poll

Published

3 years ago

November 11, 2021

ticker NEWS

Billionaire Elon Musk has made a bold move to sell some of his shares in Tesla, just days after launching a very expensive Twitter poll

Tesla CEO Elon Musk has sold $1.1 billion worth of stock options in the electric car maker after he held a vote on his Twitter asking followers whether or not he should get rid of the shares.

According to Bloomberg, Musk has exercised the options at a price of $6.24 US dollars into a regulatory filing on Wednesday.

The filing says “the shares of common stock were sold solely to satisfy the reporting persons tax withholding obligations”.

Tesla stocks closed Wednesday at just over $1,067 USD.

It’s the billionaire’s first sale since 2016 when he last exercised stock options and liquidated some shares.

Money

Recovery on the horizon: investing in growth

Published

1 day ago

January 13, 2025

ticker NEWS

The ‘gloom to soon’ signal points to shares and property gains

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

Money

Navigating the downturn: investment tips for tough times

Published

1 day ago

January 13, 2025

ticker NEWS

Why the contraction phase calls for cash-focused strategies

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

Money

Warning signs of the boom: time to cash out?

Published

1 day ago

January 13, 2025

ticker NEWS

How to spot overheating markets and safeguard your investments

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.