Factbox-Tesla’s Musk sells shares worth over $14 billion -Breaking
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© Reuters. FILEPHOTO: Elon Musk (SpaceX CEO) listens as Todd Howard (not photographed) speaks to him at E3 Gaming Convention in Los Angeles. California. U.S.A. June 13 2019. REUTERS/Mike BlakeBy Hyunjoo Jin
(Reuters) – Tesla Inc (NASDAQ:) Inc Chief Economist Elon Musk has already sold $14.5 Billion worth of shares to date. He was polled by Twitter (NYSE:) users in November about selling 10% of his stake.
According to U.S. securities filings, the billionaire also sold 934,091 more shares Tuesday for $854 Million to cover taxes related to exercising his stock options.
Below is a list of transactions that he has completed:
DATE SHARE ACQUIREDSHARES SOLD GRASS PROCEEDS
NOV. 8, 2.2 Mln
NOV. 8.934,091 1.10 bln
NOV. 9:3.1 mln 3.35 bln
NOV. 10,000,000 $527.3 Mln
NOV. 11, 639,737 $687.3/mln
NOV. 12 1:2 mln 1.24 bln
NOV. 15, 2.1 Mln
NOV. 15,934,091 $930.7
NOV. 16, 2.1 Mln
NOV. 16, 934,091 $973.4
NOV. 23.2.2 Mln
934 091 $1.05 per bln
DEC. 2 2.1 Mln
$94,091 1.01 Bln
Dec.9, 2.2 Mln
954,091 $963.2
Dec.13,2.1 mln
$935,091 $906.5
Dec.16 2.2mln
934,091 $884.1
Dec.21 2,09 mln
$934,091 $853.7
Total 19.2 million 13.8 million $14.5 billion
HOW WAS MUSK SALES?
Musk stated on Nov. 6, that he would buy 10% of his stake in the event that Twitter users agree.
He has now sold 13.8 million shares, or about 80% of the stock he planned to buy.
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