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2021-11-25

On the surface, it looks like Elon is selling shares. But Effectively, Elon is buying in more shares.

According to filings with the Securities and ExchangeCommission yesterday, he sold 934,000 shares but on the other hand he exercised options to buy 2.15 million shares. That’s more than double the amount of shares he had sold.

Hence, by the end of 10% stake selling spree cum exercising his option to buy additional shares, he will own even more shares before the selling begin.

Tesla shares fell nearly 4% in early trading

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According to filings with the Securities and ExchangeCommission yesterday, he sold 934,000 shares but on the other hand he exercised options to buy 2.15 million shares. That’s more than double the amount of shares he had sold. Hence, by the end of 10% stake selling spree cum exercising his option to buy additional shares, he will own even more shares before the selling begin.","highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/874276397","repostId":1119170686,"repostType":2,"repost":{"id":"1119170686","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":1637764496,"share":"https://www.laohu8.com/m/news/1119170686?lang=&edition=full","pubTime":"2021-11-24 22:34","market":"us","language":"en","title":"Tesla shares fell nearly 4% in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1119170686","media":"Tiger Newspress","summary":"Tesla shares fell nearly 4% in early trading.Elon Musk continued to sell his Tesla Inc. shares Tuesd","content":"<p>Tesla&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/3e6d6b99ef0a0214b906fd11f3e70ceb\" tg-width=\"880\" tg-height=\"643\" width=\"100%\" height=\"auto\">Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.</p>\n<p>According to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.</p>\n<p>In all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll decided he should sell 10% of his Tesla stake. 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Some of the stock sales had been put into motion well before the poll was posted.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119170686","content_text":"Tesla shares fell nearly 4% in early trading.Elon Musk continued to sell his Tesla Inc. shares Tuesday, selling another 934,000 shares for about $1.05 billion.\nAccording to filings with the Securities and ExchangeCommission, Musk made the sales after exercising options to buy 2.15 million shares.\nIn all, Musk has sold about 9.2 million shares worth about $9.85 billion since Nov. 8, a day after Musk's Twitter poll decided he should sell 10% of his Tesla stake. 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