Elon Musk Has Sold Another $1 Billion USD-Worth of Tesla Stock
1.4 million shares away from his goal.
Elon Musk has just gotten a little closer to his goal of reducing his stake in Telsa by 10%.
On top of selling roughly $5 billion USD of stock back in November, Musk has now reduced his stake by another $1.02 billion USD — or 934,090 shares. This now brings the total amount sold to roughly 15.6 million Tesla shares which is just slightly under his goal of 17 million.
For those wondering, I will pay over $11 billion in taxes this year
— Elon Musk (@elonmusk) December 20, 2021
In other business news, Instagram will explore NFTs and Nike reports slow growth.
