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2021-11-16

Wonder what strike price he exercised at? Interesting [微笑]

Musk exercised 2.1 million Tesla options on November 15 at a price of $6.24, according to the SEC files.

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Interesting [微笑]","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/871329186","repostId":1118366658,"repostType":4,"repost":{"id":"1118366658","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637026607,"share":"https://www.laohu8.com/m/news/1118366658?lang=&edition=full","pubTime":"2021-11-16 09:36","market":"us","language":"en","title":"Musk exercised 2.1 million Tesla options on November 15 at a price of $6.24, according to the SEC files.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118366658","media":"Tiger Newspress","summary":"Tesla(TSLA.O)CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations relat","content":"<p>Tesla(TSLA.O)CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock options, U.S. securities filings showed on Monday.</p>\n<p>Musk sold 934,091 shares after exercising options to buy 2.1 million stocks at $6.24 each on Monday. 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Tesla shares closed at $1,013.39. He is required to pay income taxes on the difference between the exercise price and fair market value of the shares.</p>\n<p>This is the second time in a week that the billionaire has exercised his stock option. Last Monday, he&nbsp;sold another 934,000 shares&nbsp;for $1.1 billion after exercising options to acquire nearly 2.2 million shares.</p>\n<p>The two options-related sales were set up in September via a trading plan that allows corporate insiders to establish preplanned transactions on a schedule, the filings said.</p>\n<p>As of the end of 2020, he had an option to buy 22.86 million shares, which expire in August next year, a Tesla filing shows.</p>\n<p>On Nov. 6, Musk polled Twitter users about selling 10% of his stake, pushing down Tesla's share price after a majority on Twitter said they agreed with the sale. 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