Friday, 24 March, 2023

Elon musk sells $5B worth of Tesla stocks

<p>Elon Musk has sold 934,091 out of his 2.1M+ of Tesla stocks,&nbsp;which he had received as a compensation package, for $1.1B. The CEO, to meet&nbsp;his tax obligation, has sold the stake. Wednesday&#39;s filing showed that Elon sold another 3.8M shares in Tesla whose value is $4B. This decision was taken on a basis of a Twitter poll which was posted by Musk himself. As many as, 57.9% of his followers voted for him to sell 10% of his stock.<br /> &nbsp;</p>