ping23
2021-12-29
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Musk Nears Tesla Share Sale Target With $1 Billion Offload
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Musk said in a tweet last week that he was “almost done” trimming his Tesla holding by 10%.</p>\n<p>The latest sale takes Musk’s total to about 15.6 million shares, for approximately $16.4 billion. He’d need to dispose of about 17 million shares to offload 10% of his stake, assuming his pledge excludes exercisable options.</p>\n<p>It’s unclear whether the poll in November had any actual bearing on Musk’s plans. 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