Tesla Inc (TSLA) CEO Elon Musk sold $1 billion worth of the automaker’s shares on Tuesday, as per filings made with the U.S. Securities and Exchange Commission. What Happened The filings, made Tuesday, reveal that Musk exercised options to purchase 2.15 million stock options at $6.24 each and sold 934,091 shares. Tesla shares closed at…
Tesla’s Musk Says Model S Plaid May Come to China Around March
November 22, 2021
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Tesla Chief Executive Elon Musk said in a tweet on Monday that Model S Plaid will “probably” be coming to China around March. In September last year, Tesla introduced a new Model S Plaid, a 520-mile range sedan that can reach top speeds of up to 200 miles per hour (320 km per hour), with…
Tesla App Coming Back Online After Server Outage, Musk Says
November 20, 2021
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Tesla Inc. chief Elon Musk said on Friday that the company’s mobile application was coming back online after an app server outage earlier prevented many owners from connecting to their cars. Musk was responding to a Tesla owner’s tweet, who said that he was experiencing a “500 server error” to connect his Model 3 through…
SpaceX’s Musk: 1st Starship Test Flight to Orbit in January
CAPE CANAVERAL, Fla.—SpaceX founder Elon Musk said Wednesday that his company will attempt to launch its futuristic, bullet-shaped Starship to orbit in January, but he’s not betting on success for that first test flight. “There’s a lot of risk associated with this first launch, so I would not say that it is likely to be…
Elon Musk Finally Sold His Last Home to Colonize Mars
By Entrepreneur en Español After lowering the price, Elon Musk finally managed to sell the last house he owned in San Francisco, California, this Saturday, November 13. With this, the CEO of Tesla and SpaceX is closer to achieving his dream: to get rid of all his properties on Earth to colonize Mars. In mid-2020,…
Tesla’s Musk Sells $930 Million in Shares to Cover Stock Option Tax: Filings
November 16, 2021
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Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock options, U.S. securities filings showed on Monday. Musk sold 934,091 shares after exercising options to buy 2.1 million stocks at $6.24 each on Monday. Tesla shares closed at $1,013.39. He is required to pay…
Elon Musk Spars With Bernie Sanders, Offers to Sell More Tesla Stock
Tesla Inc. Chief Executive Elon Musk got into a spat with social democrat Bernie Sanders (I-Vt.) on Sunday after the U.S. senator demanded the “extremely wealthy” pay their “fair share” of taxes. “We must demand that the extremely wealthy pay their fair share. Period,” Sanders wrote on Twitter. Taking a jibe at the “Make Billionaires Pay”…
Musk Sells Nearly $7 Billion Worth of Tesla Shares This Week
Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric rally that vaulted the firm’s value to over $1 trillion. The billionaire sold 1.2 million shares held by his trust for more than $1.2 billion on Friday, the latest in a…
Tesla Flashes Warning Signals Following Elon Musk’s Selling Spree
On Thursday, Tesla, Inc reached a milestone with 30,000 superchargers stationed worldwide, ahead of its plans to open the network to other brands of electric vehicles. The $7.5 billion federal program for EV infrastructure, which is part of the $2 trillion infrastructure spending plan President Joe Biden is expected to sign into law soon, requires…
Tesla’s Musk Sells More Shares Worth $687 Million
November 12, 2021
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Tesla Inc. Chief Executive Officer Elon Musk disclosed an additional share sale worth about $687 million in the electric-car maker, regulatory filings showed on Friday, after offloading about $5 billion in stock earlier in the week. Musk sold 587,638 and 52,099 shares held by his trust on Nov. 11 in multiple transactions, according to two…
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