Musk sells $1.5b in Tesla stock for taxes - Today

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Musk sells $12021-05-03T10:15:00Z.5b in Tesla stock for taxes - Today News Post News Today || Headlines Today


After making a promise on Twitter, Tesla CEO Elon Musk has sold about 900,000 shares of the electric car maker’s stock, netting more than $US1.1 billion ($1.5 billion) to put towards paying his tax obligationsThe population is fully vaccinated. Public health measures will begin to ease. Gathering limits and travel restrictions will change based o.

The sales, disclosed in two regulatory filings late on Wednesday in the US, will cover tax obligations for stock options granted to Mr Musk in Septembers website wasn.

He exercised options to buy more than 2.1 million shares for $US6.24 each. The company’s stock closed on Wednesday at $US1067s second wave in December.95 per share.

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