Elon Musk added another disclosure that he settled more Tesla Stock With a cheeky tweet about quitting the job. Tesla’s chief executive offloaded $963 million worth of other shares to pay taxes on the exercise of an additional 2.2 million options, according to regulatory filings on Thursday. They have now settled about $11.8 billion worth of stock in five weeks.
The filing came hours after the world’s richest man posted that he had received a new calling. “Looking forward to quitting my job and becoming a full-time influencer,” Musk wrote. WDYT ‘What do you think?’ is an acronym for. He asked a question to his about 66 million followers. After this, he gave many laughing-emoji answers.
Shareholders and regulators haven’t always appreciated the humor in Musk’s Twitter high junk. Tesla Shares plummeted on April Fools’ Day in 2018 after jokingly posted that the company had gone bankrupt. Later that year, US Securities and Exchange Commission Tesla was sued over tweets about taking private at significant cost to marijuana culture, which he thought would entertain his then-girlfriend.
Tesla fell 2% to $984 before regular trading resumed on Friday. The stock has fallen 18% from its November 4 peak, as Musk unloaded shares. He told his Twitter followers last month that he would follow a poll he took on whether he should sell his 10% stake in the carmaker. He has since settled over 11 million shares.
Musk is now about two-thirds on the way with trimming 10% of his direct share ownership. If the limit he mentions included exercisable options, he would need to get rid of about 6 million shares. The CEO of Tesla and Space Exploration Technologies is the world’s richest man, with a net worth of $266 billion, an increase of $110 billion this year. Bloomberg Billionaires Index,
The filing came hours after the world’s richest man posted that he had received a new calling. “Looking forward to quitting my job and becoming a full-time influencer,” Musk wrote. WDYT ‘What do you think?’ is an acronym for. He asked a question to his about 66 million followers. After this, he gave many laughing-emoji answers.
Shareholders and regulators haven’t always appreciated the humor in Musk’s Twitter high junk. Tesla Shares plummeted on April Fools’ Day in 2018 after jokingly posted that the company had gone bankrupt. Later that year, US Securities and Exchange Commission Tesla was sued over tweets about taking private at significant cost to marijuana culture, which he thought would entertain his then-girlfriend.
Tesla fell 2% to $984 before regular trading resumed on Friday. The stock has fallen 18% from its November 4 peak, as Musk unloaded shares. He told his Twitter followers last month that he would follow a poll he took on whether he should sell his 10% stake in the carmaker. He has since settled over 11 million shares.
Musk is now about two-thirds on the way with trimming 10% of his direct share ownership. If the limit he mentions included exercisable options, he would need to get rid of about 6 million shares. The CEO of Tesla and Space Exploration Technologies is the world’s richest man, with a net worth of $266 billion, an increase of $110 billion this year. Bloomberg Billionaires Index,
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