Elon Musk Offload More Tesla Share Nearing 10% Pledge in November
In another around Elon Musk offloaded 934,090 shares of Tesla
Elon Mask near his 10% divestment in Tesla by selling 934,090 shares, according to a filling with the U.S. Securities & Exchange Commission.
Since Musk’s public pledge on Twitters on November to divest 10% stake in Tesla, he has incrementally offloaded his shares.
It is unclear if the poll pledge in November has any relation with Musk’s plan. Musk months earlier said he was likely to exercise a big block of stocks options towards the end of the year and had set up trading plans to sell shares before the tweet.
According to Bloomberg Billionaires Index, Musk has a net worth of $278.9 billion which is up almost 80% this year.
