Musk sells another US$1.03 billion in Tesla’s stock sale progress is over half | Anue Juheng-US Stocks

Tesla (TSLA-US) CEO Elon Musk started selling company stock again after a few days of rest. If calculated on the basis of his previously promised 10% of the shares, more than half of the progress has now been completed.

According to documents submitted on the evening of Tuesday (23rd), Musk exercised the option at 6.24 per share. DollarThe price, 2.15 million shares of stock options were purchased, and 93,4091 shares were sold to pay taxes related to the transaction.

Tesla shares closed at 1109.03 per share on Tuesday Dollar, Which means that the value of the sale is 1.03 billionDollar

Musk previously launched a poll on Twitter asking whether he should sell 10% of Tesla’s shares.Since then, he has sold shares many times, and has now sold 9.2 million Tesla shares, for a total of about 9.9 billionDollar

To achieve his stated goal of selling 10% of his holdings, Musk needs to sell about 17 million shares, which is about 1.7% of the company’s outstanding shares.

After this vote, Tesla’s stock price fell sharply and then rebounded by about 9.4%.

The CEO of Tesla does not pay, but is subsidized through stock options. Before this vote, he had actually formulated a plan and passed it on September 14 with the purpose of “orderly selling” shares related to the exercise of options scheduled to expire in 2022, but he is launching a vote It was not mentioned at the time.

According to related investigations, Musk became the world’s richest man after benefiting from the surge in Tesla’s stock, with 303.7 billion yuanDollarOf wealth.

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