New Delhi: Tesla CEO Elon Musk has sold 5.1 million shares worth $6.9 billion in the electric car maker this week, the company said in its regulatory filing published on Friday. The sale of stock is expected to result in a capital gains tax of $1.4 billion.
The entrepreneur sold Tesla shares following the results of a Twitter poll that asked whether he should sell his 10 percent stake in electric vehicle maker Tesla.
Last Saturday, the Tesla CEO tweeted, “Having a tax evasion tool has made a lot of unrealized gains lately, so I propose to sell 10% of my Tesla stock. Would you support that? Huh?”
Voting ended with 58 percent of the 3.5 million votes in favor of selling Musk’s shares, while the remaining 42 percent voted against the sale. However, regulatory filings reported that Musk had already started selling some shares before the Twitter poll began.
However, the sell-off of Tesla shares has led to a fall in shares of the electric vehicle maker. Overall, the company’s stock fell 15.4 per cent last week. The decline came after Tesla’s market cap crossed the $1 trillion mark. The shares of the company had started falling since Monday and it has declined further. Read also: SBI Debit Card: Here’s how to block your card during an emergency
Even after selling 5.1 million Tesla shares, Musk still owns about 167 million shares in the company. Musk is currently the richest man in the world. According to the Bloomberg Billionaires Index, the entrepreneur is worth $294 billion. Read also: KYC Fraud: RBI Retired Employees Scam Victims, Loss Rs 3.38 Lakh; Here’s how to stay safe
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});
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targeting = {};
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var slot = googletag.defineSlot(slotCode, size, elId);
for (var t in targeting){
slot.setTargeting(t, targeting
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slot.addService(googletag.pubads());
googletag.display(elId);
//googletag.pubads().refresh([slot]);
});
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fbid = '#' + $(this).attr('id');
var sr = fbid.replace("#mf", ".sr");
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var tag = document.createElement('script');
tag.src = "https://www.youtube.com/iframe_api";
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firstScriptTag.parentNode.insertBefore(tag, firstScriptTag);
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var player = new YT.Player(playDiv , {
height: '450',
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playerVars: {
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'controls': 1
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url: videoUrl,
mimetype: "application/x-mpegURL"
}]
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function kalturaplayerSetup(kalturaPlayer, playbackType){
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kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PAUSE, pauseEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PLAYBACK_ENDED, playbackEndedEvent);
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kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_STARTED, adStartedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_COMPLETED, adCompletedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_SKIPPED, adSkippedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_CLICKED,adClicked);
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var isVideoPlayed = false;
var isAdSkippedCompleted = false;
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var videotype = "zee english video";
gtag('event', 'Adstarted', { 'event_category': videotype, 'event_label': vlabel});
gtag('event', 'Play', { 'event_category': videotype, 'event_label': vlabel});
isVideoPlayed = true;
isAdSkippedCompleted = true;
}
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var videotype = "zee english video";
gtag('event', 'Adcompleted', { 'event_category': videotype, 'event_label': vlabel});
isAdSkippedCompleted = true;
}
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var videotype = "zee english video";
gtag('event', 'Adskipped', { 'event_category': videotype, 'event_label': vlabel});
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}
function adClicked(event) {
var videotype = "zee english video";
gtag('event', 'Adclicked', { 'event_category': videotype, 'event_label': vlabel});
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function playbackEndedEvent(event){
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gtag('event', 'Complete', { 'event_category': videotype, 'event_label': vlabel});
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var videotype = "zee english video";
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var videotype = "zee english video";
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}
function AdProgressEvent(event) {
var videotype = "zee english video";
gtag("event", "kaltura_adprogress", { "event_category": videotype, "event_label": vlabel});
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gtag("event", "kaltura_adpaused", { "event_category": videotype, "event_label": vlabel});
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var vurl = $(this).attr("video-path");
var vid = $(this).attr("id");
$(this).hide();
var pvid = $(this).attr("newsid");
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kalturaPlayerAPIReady(vC, playDiv,pvid);
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onYouTubePlay(vid, vC, playDiv,vx, pvid);
}
});
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$(this).hide();
var pvid = $(this).attr("newsid");
var vurl = $(this).attr("video-path");
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var isyoutube = $(this).parent().children().find('#play-'+vid).attr("video-source");
var vC = $(this).parent().children().find('#play-'+vid).attr("video-code");
var playDiv = "mvideo-play-" + vid + "-" + pvid;
if(isyoutube =='No'){
//console.log(jwplayer($(this).attr("id")).getState());
kalturaPlayerAPIReady(vC, playDiv,pvid);
}else{
onYouTubePlay($(this).attr("id"), vC, playDiv, vid, pvid);
}
});
var nxti = 3;
var ci = 1;
var nxti_1 = 6;
var nxti_2 = 9;
var nxti_3 = 12;
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var disqus_identifier; //made of post id and guid
var disqus_url; //post permalink
function loadDisqus(source, identifier, url, nid) {
if (window.DISQUS) {
//alert("if");
jQuery('
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jQuery('#disqus_thread').insertAfter(source); //append the HTML after the link
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DISQUS.reset({
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this.page.url = url;
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jQuery('
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disqus_identifier = identifier; //set the identifier argument
disqus_url = url; //set the permalink argument
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dsq.src="http://" + disqus_shortname + '.disqus.com/embed.js';
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function notify() {
identifier = $(this).attr('id');
dUrl = $(this).attr('disqus-url');
source = $(this).parent();
loadDisqus(jQuery(this), identifier, dUrl);
}*/
function loadshare(curl){
history.replaceState('' ,'', curl);
if(window.OBR){
window.OBR.extern.researchWidget();
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//console.log("loadshare Call->" + curl);
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var cu_url = curl;
gtag('config', 'UA-2069755-1', {'page_path': cu_url });
if(window.COMSCORE){
window.COMSCORE.beacon({c1: "2", c2: "9254297"});
var e = Date.now();
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success: function(e) {}
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var ga = document.createElement('script'); ga.type="text/javascript"; ga.async = true;
ga.src = ('https:' == document.location.protocol ? 'https://' : 'http://') + 'stats.g.doubleclick.net/dc.js';
var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s);
})();*/
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var view_selector="div.center-section"; // + settings.view_name; + '.view-display-id-' + settings.display;
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var items_selector = content_selector + ' > div.rep-block'; // + settings.items_selector;
var pager_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix"; // + settings.pager_selector;
var next_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix > a:last"; // + settings.next_selector;
var auto_selector="div.tag-block";
var img_location = view_selector + ' > div.rep-block:last';
var img_path="
"; //settings.img_path;
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';
var img = img_path;
//$(pager_selector).hide();
//alert($(next_selector).attr('href'));
var x = 0;
var url="";
var prevLoc = window.location.pathname;
var circle = "";
var myTimer = "";
var interval = 30;
var angle = 0;
var Inverval = "";
var angle_increment = 6;
var handle = $.autopager({
appendTo: content_selector,
content: items_selector,
runscroll: maindiv,
link: next_selector,
autoLoad: false,
page: 0,
start: function(){
$(img_location).after(img);
circle = $('.center-section').find('#green-halo');
myTimer = $('.center-section').find('#myTimer');
angle = 0;
Inverval = setInterval(function (){
$(circle).attr("stroke-dasharray", angle + ", 20000");
//myTimer.innerHTML = parseInt(angle/360*100) + '%';
if (angle >= 360) {
angle = 1;
}
angle += angle_increment;
}.bind(this),interval);
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$('div.loading-block').remove();
clearInterval(Inverval);
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$('div.rep-block > div.main-rhs2410136 > div:first').clone().appendTo('div.rep-block > div.main-rhs' + x);
$('.center-section >.row:last').before('
Next Story
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var fb_script=document.createElement('script');
fb_script.text= "(function(d, s, id) {var js, fjs = d.getElementsByTagName(s)[0];if (d.getElementById(id)) return;js = d.createElement(s); js.id = id;js.src="https://connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.9";fjs.parentNode.insertBefore(js, fjs);}(document, 'script', 'facebook-jssdk'));";
var fmain = $(".sr"+ x);
//alert(x+ "-" + url);
var fdiv = '
';
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$(fdiv).appendTo(fmain);
FB.XFBML.parse();
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xp = "#star"+x;
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instagram_script.async="async";
instagram_script.src="https://platform.instagram.com/en_US/embeds.js";
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outbrain_script.type="text/javascript";
outbrain_script.async="async";
outbrain_script.src="https://widgets.outbrain.com/outbrain.js";
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if(twit>0){
if (typeof (twttr) != 'undefined') {
twttr.widgets.load();
} else {
$.getScript('https://platform.twitter.com/widgets.js');
}
//$(twit).addClass('tfmargin');
}
if(insta>0){
$('.content > .left-block:last').after(instagram_script);
//$(insta).addClass('tfmargin');
window.instgrm.Embeds.process();
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}, 1500);
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x=$(next_selector).attr('id');
var url = $(next_selector).attr('href');
disqus_identifier="ZNH" + x;
disqus_url = url;
handle.autopager('load');
history.pushState('' ,'', url);
setTimeout(function(){
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//loadDisqus(jQuery(this), disqus_identifier, disqus_url);
}, 6000);
});*/
/*$("button[id^='mf']").live("click", disqusToggle);
function disqusToggle() {
console.log("Main id: " + $(this).attr('id'));
}*/
$(document).delegate("button[id^='mf']", "click", function(){
fbcontainer="";
fbid = '#' + $(this).attr('id');
var sr = fbid.replace("#mf", ".sr");
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$(fbid).parent().children(sr).toggle();
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//var commentsContainer = document.getElementById(fbcontainer);
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var title, imageUrl, description, author, shortName, identifier, timestamp, summary, newsID, nextnews;
var previousScroll = 0;
//console.log("prevLoc" + prevLoc);
$(window).scroll(function(){
var last = $(auto_selector).filter(':last');
var lastHeight = last.offset().top ;
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var currentScroll = $(this).scrollTop();
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_up = false;
} else {
_up = true;
}
previousScroll = currentScroll;
//console.log("_up" + _up);
var cutoff = $(window).scrollTop() + 64;
//console.log(cutoff + "**");
$('div[id^="row"]').each(function(){
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if($(this).offset().top + $(this).height() > cutoff){
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if(prevLoc != $(this).children().find('.left-block').attr('data-url')){
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$('html head').find('title').text($(this).children().find('.left-block').attr('data-title'));
$('meta[name=description]').attr("content",$(this).children().find('.left-block').attr('data-summary'));
$('meta[name=keywords]').attr("content",$(this).children().find('.left-block').attr('data-keyword'));
$('meta[name=news_keywords]').attr("content",$(this).children().find('.left-block').attr('data-keyword'));
pSUPERFLY.virtualPage(prevLoc,$(this).children().find('.left-block').attr('data-title'));
//console.log("Summary: " + $(this).children().find('.left-block').attr('data-summary'));
//console.log("Keyword: " + $(this).children().find('.left-block').attr('data-keyword'));
//history.pushState('' ,'', prevLoc);
loadshare(prevLoc);
}
return false; // stops the iteration after the first one on screen
}
});
if(lastHeight + last.height() < $(document).scrollTop() + $(window).height()){
//console.log("**get");
url = $(next_selector).attr('href');
x=$(next_selector).attr('id');
//console.log("x:" + x);
//handle.autopager('load');
/*setTimeout(function(){
//twttr.widgets.load();
//loadDisqus(jQuery(this), disqus_identifier, disqus_url);
}, 6000);*/
}
//lastoff = last.offset();
//console.log("**" + lastoff + "**");
});
//$( ".content-area" ).click(function(event) {
// console.log(event.target.nodeName);
//});
/*$( ".comment-button" ).live("click", disqusToggle);
function disqusToggle() {
var id = $(this).attr("id");
$("#disqus_thread1" + id).toggle();
};*/
//$(".main-rhs2410136").theiaStickySidebar();
var prev_content_height = $(content_selector).height();
//$(function() {
var layout = $(content_selector);
var st = 0;
///});
}
}
});
/*}
};*/
})(jQuery);
,