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2021-11-17

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Musk Nears Halfway Point With Tesla Sales at $8.8 Billion

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That follows $7.8 billion of sales he carried out since he asked his Twitter followers on Nov. 6 whether he should pare his stake. Musk also exercised 2.1 million of equity options on Tuesday, and part of the share sales were to help pay taxes on that.</p>\n<p><img src=\"https://static.tigerbbs.com/6eceff54db558fa2366ffe316da3f38a\" tg-width=\"954\" tg-height=\"342\" width=\"100%\" height=\"auto\"></p>\n<p>To reach the 10% threshold affirmed by the poll, Musk would need to sell some 17 million Tesla shares, which is equal to about 1.7% of the company’s outstanding stock. So far, he’s gotten rid of about 8.2 million shares. If his exercisable options are included in the ownership, he’d need to sell even more.</p>\n<p>Musk has exercised 6.4 million options since the Twitter survey, where he didn’t disclose he had derivatives expiring next year. He said in September that he likely would exercise “a huge block” of them toward the end of this year. That same month, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show.</p>\n<p>Tesla shares rebounded 4.1% on Tuesday to $1,054.73 after nearing a bear market. They’re down 14% since a peak on Nov. 4.Tesla tokens&nbsp;on the FTX crypto exchange slipped to $1,051.60 as of 11:01 a.m. in Hong Kong.</p>\n<p>Musk is the world’s richest person with a $288.5 billion fortune, according to the&nbsp;Bloomberg Billionaires Index.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Nears Halfway Point With Tesla Sales at $8.8 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Nears Halfway Point With Tesla Sales at $8.8 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-17/musk-nears-halfway-point-with-tesla-sales-totaling-8-8-billion?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk sold Tesla Inc. stock for a seventh consecutive trading day, bringing him almost halfway to his promise to unload 10% of his stake in the electric car-maker.\nThe chief executive officer on ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-17/musk-nears-halfway-point-with-tesla-sales-totaling-8-8-billion?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-17/musk-nears-halfway-point-with-tesla-sales-totaling-8-8-billion?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195119060","content_text":"Elon Musk sold Tesla Inc. stock for a seventh consecutive trading day, bringing him almost halfway to his promise to unload 10% of his stake in the electric car-maker.\nThe chief executive officer on Tuesday disposed of 934,091 shares worth about $973 million, according to regulatory filings. That follows $7.8 billion of sales he carried out since he asked his Twitter followers on Nov. 6 whether he should pare his stake. Musk also exercised 2.1 million of equity options on Tuesday, and part of the share sales were to help pay taxes on that.\n\nTo reach the 10% threshold affirmed by the poll, Musk would need to sell some 17 million Tesla shares, which is equal to about 1.7% of the company’s outstanding stock. So far, he’s gotten rid of about 8.2 million shares. If his exercisable options are included in the ownership, he’d need to sell even more.\nMusk has exercised 6.4 million options since the Twitter survey, where he didn’t disclose he had derivatives expiring next year. He said in September that he likely would exercise “a huge block” of them toward the end of this year. That same month, he established a pre-arranged trading plan to carry out “an orderly sale of shares related to the exercise of stock options,” filings show.\nTesla shares rebounded 4.1% on Tuesday to $1,054.73 after nearing a bear market. They’re down 14% since a peak on Nov. 4.Tesla tokens on the FTX crypto exchange slipped to $1,051.60 as of 11:01 a.m. in Hong Kong.\nMusk is the world’s richest person with a $288.5 billion fortune, according to the Bloomberg Billionaires Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":994,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":34,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/878078439"}