Tesla’s Musk sells some shares of EV maker, filings show -Breaking
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(Reuters) – Elon Musk, Chief Executive Officer of Tesla (NASDAQ) Inc disclosed Wednesday in a filing that he sold shares of electric-car manufacturer.
Musk declared on Saturday that he will sell 10% of the stake if Twitter followers (NYSE: ) agree to it.
According to filings, the shares were being sold in order to pay taxes withholding requirements related to stock option exercise to buy approximately 2.2million shares.
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