Markets

Elon Musk is now halfway to his Twitter target of selling 10% of his Tesla stock - after dumping another $1.05 billion

13 days ago   |   By Business Insider

Elon Musk is the world's richest person. Maja Hitij/Getty Images
Elon Musk has now sold roughly 9.2 million shares in Tesla, netting him just under $10 billion.
The sales mean he's over halfway towards his Twitter commitment to sell 10% of his holding.
Musk held just over 170 million shares in September, so 10% of his stake is around 17 million shares.
Elon Musk has now sold around 9.2 million shares in Tesla since asking his Twitter followers whether he should offload 10% of his holding in the EV company. That means the Tesla chief executive is now more than halfway towards the target...
Read more ...

 

Tesla is pouring in more than $1 billion into its new Gigafactory in Texas, Elon Musk's new home base

13 days ago   |   By Business Insider

Construction site of the Tesla Gigafactory in Austin, Texas. Mike Blake/Reuters
Construction for Tesla's new factory in Austin, Texas, began in the summer of last year.
Filings with Texas authorities showed the electric vehicle company will spend over $1 billion on the project.
The project is expected to create 10,000 jobs.
Tesla is pouring in more than $1 billion into its new Gigafactory in Texas that is expected to be completed by the end of this year. Construction filings with the Texas Department of Licensing and Regulation showed the electric vehicle company would spend $493 million...
Read more ...

 

Elon Musk just offloaded another $1.05 billion worth of Tesla shares, bringing his November share sales total to $9.9 billion

13 days ago   |   By Business Insider

Tesla CEO Elon Musk. Picture Alliance/Getty Images
Since his November 6 Twitter poll, Tesla CEO has sold 9.2 million shares worth $9.9 billion.
Musk tweeted that he would sell 10% of his stock if users of the social media platform approved.
A majority of his followers agreed with the sale.
Tesla Inc Chief Executive Elon Musk sold another 934,091 shares of the electric vehicle maker worth $1.05 billion after exercising options to buy 2.15 million shares, US securities filings showed on Tuesday. The world's richest person had on November 6 tweeted that he would sell 10% of his stock if users...
Read more ...

 


Search by Tags

   Markets      MI Exclusive      Elon Musk Tesla stock stake sale      Elon Musk twitter      Elon Musk      Tesla stock      TSLA      Tesla      Twitter      Texas      Shopping      Transportation      Cars      Austin      Tech      Electric Vehicles      Electric vehicle      Business      Shares      Companies      Taxes  


Georgia Secretary of State Brad Raffensperger says 'misinformation and...

Georgia Secretary of State Brad Raffensperger speaks during a presser Monday, Dec. 14, 2020, in Atlanta AP Photo/John Bazemore GA Sec. of State Brad Raffensperger told Insider... Read more ...

How to use FaceTime on your Android or Windows PC

Getting FaceTime on your Android only takes an internet browser. Mr. Mikla/Shutterstock You can join a FaceTime call on an Android or PC by clicking a link sent to you by... Read more ...

My Husband Taught Me Basic Car Fluid Maintenance Over The Phone

My Husband Taught Me Basic Car Fluid Maintenance Over The Phone

“What does it say?” my husband asked me. I was looking at an oil dipstick for the first time in my life. I looked at it. I looked closer at it. It did not appear to be speaking... Read more ...

Sephora's marketing chief on how she's bringing diversity to the company...

Sephora's marketing chief on how she's bringing diversity to the company, what trends she's eyeing for 2022, and more

Sephora CMO Deborah Yeh. Sephora Sephora has prioritized DEI efforts including a minority-focused brand incubator. Its chief marketing officer Deborah Yeh has taken the lead on... Read more ...

Andy Cohen, co-CEO of architecture giant Gensler, says the ability to choose...

Andy Cohen, co-CEO of architecture giant Gensler, says the ability to choose will shape offices and careers of the future

Gensler co-CEO, Andy Cohen. Gensler Andy Cohen, Gensler co-CEO, is one of Insider's 100 People Transforming Business in 2021. Cohen believes people should have the ability to... Read more ...

Qué hacer cuando un caché necesita mantenimiento

¿Has encontrado alguna vez un caché en mal estado? ¿Has querido informar de que un geocaché necesita mantenimiento pero no sabes cómo avisar al propietario del caché? Tenemos... Read more ...

Het perfecte cadeau

Als je onderdeel van een team bent geweest of aan groepslessen hebt deelgenomen weet je dat je soms aanmoediging en steun van je vrienden nodig hebt om gemotiveerd te blijven... Read more ...

Das perfekte Geschenk

Wenn Du schon einmal Mitglied eines Teams warst oder an einem Trainingskurs teilgenommen hast, weißt Du, dass Du manchmal die Ermutigung und Unterstützung Deiner Freunde... Read more ...

Le cadeau idéal

Vous avez déjà fait partie d'une équipe ou avez suivi un cours de gym? Vous savez donc que, parfois, tout ce dont vous avez besoin pour rester motivé(e) est l'encouragement et... Read more ...

El regalo perfecto

Si te has unido a un equipo o has hecho ejercicio con otra gente, sabrás que a veces el apoyo y los ánimos de tus amigos es fundamental para no perder la motivación. Tanto si... Read more ...