Elon Musk Sold Another $1 Billion in Tesla Shares
Musk has sold a total of $9.85 billion USD in Tesla stock this month.
Elon Musk sold another $1 billion USD in Tesla shares on Tuesday evening, following through on his commitment to let go of some of his personal holdings.
Earlier this month, Musk asked his nearly 63 million followers whether or not he should sell 10% of his stake in Tesla to pay taxes, explaining that his earnings as Tesla CEO come in the form of stocks.
Financial filings posted this week indicate that Musk sold another $1.05 billion USD in stocks on Tuesday. According to CNBC, Musk has sold a total of $9.85 billion USD in Tesla stock this month, though Musk had been planning to sell some of his shares since September, and had scheduled the sales in advance of the Twitter poll.
CNBC reported that Musk still holds more than 169 million shares in the company.
In other news, the U.S. ranks 9th in the most expensive internet costs in the world.
