Two-thirds of the total Tesla share sales by Elon Musk were committed to months before the firm’s CEO took to Twitter to ask whether or not he should offload 10% of his stake in the company.
Since 8 November 2021, two days following Musk's social media poll, the CEO has sold $16.4bn worth of shares in Tesla, of which $10.6bn (65%) was disposed of as part of a 10b5-1 plan initiated on 14 September 2021. Tesla investors are looking the other way on Elon Musk 'red flags' All of the shares being sold as part of this plan were acquired at a price of $6.24 on 13 August 2012 as part of an options scheme, which Musk has been recently offloading at a price range between $886.89 and $1196.24 per share, an increase of between 14,113% and 19,071%. The most recent sales brings the ...
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