Musk continues to sell Tesla shares after a Twitter vote

Released on 24.11. 934

  • Elon Musk, Tesla boss continues to monetize his group’s shares on a large scale after a spectacular Twitter vote . Photo: Patrick Pleul

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Entrepreneur Elon Musik had a vote on his participation in the electronics manufacturer on Twitter. He has now sold more shares valued at $ 1 000 billion US dollars.

New York (dpa) – After a spectacular Twitter vote, Tesla boss Elon Musk continues to monetize his group’s shares on a large scale.

The star entrepreneur recently sold more around 934.000 Papers for about 1, 000 billion US dollars, as out on the night of Wednesday Mandatory notifications to the US Securities and Exchange Commission emerged.

This means that Musk already has a total of 9.2 million Tesla shares valued at approximately 9.9 billion dollars ) since he agreed to sell ten percent of his stake in the electric car maker two and a half weeks ago in the course of a Twitter vote.

However, Musk needs a lot more to achieve this goal Sell ​​Tesla shares – so far, according to calculations by the financial service Bloomberg, he has made a little more than half of the promised sales. Musk is Tesla’s largest single shareholder.

Musk started the Twitter vote against the background of a debate about tax avoidance by multi-billionaires. The Tesla boss is considered the richest person in the world with an estimated fortune of around 24 billion dollars. But his wealth is largely based on equity stakes, which are not taxed until they are sold.

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