Elon Musk offered 934,091 shares of the electrical automobile maker for $1.05 billion after exercising choices to purchase 2.15 million shares.
Tesla Inc Chief Executive Elon Musk offered one other 934,091 shares of the electrical automobile maker value $1.05 billion after exercising choices to purchase 2.15 million shares, a US securities submitting confirmed Tuesday.
The world’s richest man tweeted on November 6 that he would promote 10% of his inventory if the social media platform’s customers accredited. Most of them had agreed to the sale.
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Since then, he has offered 9.2 million shares value $9.9 billion. Last Tuesday, Musk offered 934,091 shares to satisfy tax withholding obligations associated to the train of inventory choices.
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With inputs from NDTV
