Tesla CEO Elon Musk has sold 7.92 million Tesla shares, worth nearly $7bn
Tesla CEO Elon Musk has sold 7.92 million in $TSLA shares, worth around $6.99bn USD.
The transactions were given the go ahead between August 5-9, according to financial files released.
The deal was announced shortly after the electric carmakers 2022 annual shareholder meeting.
Musk approved the sale, despite earlier promises that “no further Tesla sales” were planned.
His followers are still waiting for further explanation about the unannounced deal and what it means for the company moving forward.
However, this latest announcement comes amid some broader market woes and just weeks after Musk scrapped his $44 billion takeover of Twitter.
Why Elon Musk was booed on stage
New Twitter boss Elon Musk did not receive the warmest welcome at Dave Chappelle’s recent comedy show
Elon Musk appeared embarrassed at Dave Chappelle’s recent San Francisco comedy show, when the audience began booing him.
A mixed reaction from audience members at the show. Some cheered as Chappelle welcome Musk onto the stage, but it was impossible to notice many booing him.
It’s no surprise though, given San Francisco is the home of Twitter HQ, and the place where Musk just fired thousands of staff.
It comes as the controversial new boss makes drastic changes to the social media platform.
After trying to joke his way around the awkwardness for Musk, Chappelle finished the show with some words of wisdom and a prayer.
However, Musk has since responded to the booing from the crowd insisting it “was 90% cheers & 10% boos (except during quiet periods), but, still, that’s a lot of boos, which is a first for me in real life (frequent on Twitter).”
Dozens injured in Turkey following a magnitude 6.0 earthquake
It’s been a week of major earthquakes, and this time Turkey has fallen victim.
An earthquake with a magnitude of 6 struck the west of the country on Wednesday.
35 people have been injured in the quake. But authorities have confirmed there were no immediate reports of deaths or significant damage.
It struck at a depth of 2 kilometres and authorities continue their checks into damage.
The country’s interior minister says there were some barns were wrecked, and power was cut in some parts.
It’s believed the quake was felt in major cities of Istanbul and the capital of Ankara.
BORDER CRISIS: Republicans call for Homeland Security Sec. to resign
GOP delegation led by Kevin McCarthy showed ‘gratitude’ to border patrol and called for Mayorkas to resign or potentially face impeachment
Ahead of the Thanksgiving holiday, a Republican delegation led by GOP Leader Kevin McCarthy is touring the U.S.-Mexico border in El Paso, Texas.
Officials say the visit to the southern border is a way for lawmakers to show gratitude to border patrol agents who have been inundated by unprecedented illegal crossings this year.
After their tour on Tuesday, Leader McCarthy called for Homeland Security Secretary Alejandro Mayorkas to resign over his handling of the migrant crisis at the southern border – or potentially face an impeachment inquiry when Republicans take control of the House next year.
According to statistics some 2.3-million illegal migrants have walked across America’s southern border in this year alone.
The sheer volume of crossings are not only a security risk but also a humanitarian crisis.
America already is a country that has one of the most welcoming policies for legal immigration.
The all-important midterm elections have given Republicans the majority in the U.S. House of Representative.
In his first visit to the U.S.-Mexico border since being nominated to be speaker of the House for the next Congress by his Republican caucus, McCarthy in warning Biden and Democrats that they plan to use subpoena power to secure the border.
McCarthy accuses the White House of ‘actively undermining’ immigration enforcement—a contentious issue that has been plaguing the Executive branch of government under the Biden administration which has been turning a blind-eye to the criminal activity.
In a letter sent to Republicans last week, McCarthy said the southern border is the most important issue facing the new Congress.
Tuesday’s tour is the California Republican’s third trip to the southern border since President Joe Biden took office.
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