Tesla's Musk sells 639,737 more shares after Twitter poll

Tesla's Musk sells 639,737 more shares after Twitter poll

Information about Tesla's Musk sells 639,737 more shares after Twitter poll

Kevin David Scam or Legit


(Reuters) -Tesla Inc Chief Executive Officer Elon Musk disclosed a sale of additional 639,737 shares of the electric-car maker, regulatory filings showed on Friday, after offloading about $5 billion worth of stock following a poll of his followers on Twitter.
Musk sold 587,638 shares held by his trust on Nov. 11 in multiple transactions at prices ranging from $1,056.03 to $1,087.88, according to one of the filings.
A second filing showed that Musk sold an additional 52,099 shares held by his trust at prices ranging from 1,088.01 to $1,104.15.
Musk, the world’s richest person and Tesla’s top shareholder, tweeted last weekend that he would sell 10% of his stock if users of the social media platform approved the move. Days after Musk disposed $5 billion of the stock, or 3% of his total holdings, the first such move since 2016.

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