Elon Musk Sells $3.6bn of Tesla Shares
Dec 16, 2022 ·
56s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Multi-billionaire Elon Musk has sold another 22 million shares, worth $3.58bn (£2.9bn), in the electric car maker Tesla. The shares were sold on Monday, Tuesday, and Wednesday this week, according...
show more
Multi-billionaire Elon Musk has sold another 22 million shares, worth $3.58bn (£2.9bn), in the electric car maker Tesla.
The shares were sold on Monday, Tuesday, and Wednesday this week, according to a filing with a US financial regulator.
It brings the total of Tesla stocks sold by Mr. Musk over the past year to almost $40bn.
Earlier this week Mr. Musk lost his position as the world's richest person.
Financial market data provider Refinitiv says the reason for the latest share sales has not been disclosed. He remains Tesla's biggest shareholder with a 13.4% stake,
show less
The shares were sold on Monday, Tuesday, and Wednesday this week, according to a filing with a US financial regulator.
It brings the total of Tesla stocks sold by Mr. Musk over the past year to almost $40bn.
Earlier this week Mr. Musk lost his position as the world's richest person.
Financial market data provider Refinitiv says the reason for the latest share sales has not been disclosed. He remains Tesla's biggest shareholder with a 13.4% stake,
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company