Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), said he has already sold “enough shares” to achieve his plan to divest 10% of his stake
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), said he has already sold “enough shares” to achieve his plan to divest 10% of his stake at the most valuable automotive company in the world. The billionaire also claimed he will have to pay a record $11 billion tax bill. Q3 2021 hedge fund letters, conferences and more As reported by Fox Business, Elon Musk sold a further 583,611 shares on Tuesday, taking the total count to 13.5 million —which accounts for 80% of the total he plans to shed. Out of the total so far,8.06 million were sold to pay taxes in relation to the exercise of his options.
