The IRS updating how your income tax will be calculated to adjust for inflation. What are the changes and how will they affect you? Disney shares down 7 percent today, after telling investors its subscriber growth is slowing down, but its theme parks are seeing more business. Elon Musk selling billions worth of Tesla stocks – first time…
Tesla Rebounds After Valuation Dipped Below $1 Trillion
Tesla Inc’s stock rebounded on Wednesday in volatile trading after a multi-day selloff endangered the electric-car maker’s position in the $1 trillion club. Tesla rallied almost 3 percent at $1,054, on track to close higher for the first time since Chief Executive Elon Musk on Saturday polled Twitter users about selling 10 percent of his…
Elon Musk Sells $5 bln in Tesla Shares After Twitter Poll
November 11, 2021
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Business & EconomyCompanieseconomic policiesEconomiesElon MuskInvestmentLocal NewsMarketsNew YorkNY NewspollRegional-Local NewsSharesteslaTwitterUSUS News
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Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday (November 10), just days after he polled Twitter users about selling 10 percent of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4 billion, while…
Elon Musk Sells $5 Billion in Tesla Shares After Twitter Poll
November 11, 2021
admin
Business & EconomyCompanieseconomic policiesEconomiesElon MuskInvestmentLocal NewsMarketsNew YorkNY NewspollRegional-Local NewsSharesteslaTwitterUSUS News
0 Comment
Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday (November 10), just days after he polled Twitter users about selling 10 percent of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4 billion, while…
Elon Musk Exercises Tesla Options, Sells $1.1 Billion in Shares to Cover Taxes
Tesla Chief Executive Elon Musk sold about $1.1 billion worth of shares to cover tax obligations on options exercise, the billionaire reported in filings on Wednesday. Musk exercised options to acquire nearly 2.2 million shares of Tesla and then sold about 934,000 shares — about 0.5% of his Tesla holdings. The move gives Musk cash…
Elon Musk’s Net Worth Takes $50 Billion Hit in Two Days After CEO Contemplates Selling Off 10 Percent of Company Stock
Elon Musk’s net worth has plunged $50 billion in just two days after the Tesla CEO asked his Twitter followers whether he should sell 10 percent of his stake in the company, Bloomberg reports. Musk, the world’s richest person, took to the social media platform on Nov. 6 to pitch a poll with his 63.1…
Analysts React to Musk’s Poll on Offloading 10 Percent of Tesla Stock
Tesla Inc. chief Elon Musk said on Saturday he would sell about 10 percent of his stake in the company, based on votes on his Twitter poll asking users of the social media network whether he should sell his shares. About 58 percent voted “Yes”. “Much is made lately of unrealized gains being a means of…
Tesla Shares Skid Again as Investors Brace for Possible Musk Stock Sale
Tesla Inc shares fell for a second straight day on Tuesday, as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk. The electric-car maker’s shares were recently down 11.6 percent at $1,026. They were on track to shed some $133 billion in market capitalization, far more than the…
Musk’s Potential Tesla Stake Sale Follows Share Surge
NEW YORK—Should Elon Musk decide to unload some of his stake in Tesla Inc, he will be capitalizing on a massive rally that has made the electric-vehicle maker one of the world’s most valuable companies. The Tesla chief asked his Twitter followers on Saturday if he should sell 10 percent of his Tesla stake. Nearly…
Twitter Followers Vote ‘Yes’ to Elon Musk Selling Off 10 Percent of His Tesla Stock
Tesla CEO Elon Musk asked his Twitter followers on Saturday if he should sell 10 percent of his company stock as he faces an upcoming large tax bill. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk said on Twitter. “Do…
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