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- sungjacobsungjacob
  ·2021-11-17
  Would u guys invest in rivian instead?
  Tesla's Musk sells another 934,000 shares to pay taxes after exercising options
  Nov 16 - Tesla Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings showed after the electric vehicle maker's shares rebounded during regular trade.Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the SEC filings showed.In a sector surge spearheaded by Rivian Automotive Incand Lucid Group Inc, Tesla Incrose 4.1% to close at $1,054.73, leaving its mark
  Tesla's Musk sells another 934,000 shares to pay taxes after exercising options
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- sungjacobsungjacob
  ·2021-11-16
  Do u think it is wise to sell now and minimise losses and buy again when it dips? After all, Elon is set to sell even more shares
  Musk exercised 2.1 million Tesla options on November 15 at a price of $6.24, according to the SEC files.
  Tesla(TSLA.O)CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations relat
  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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Tesla Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings showed after the electric vehicle maker's shares rebounded during regular trade.Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the SEC filings showed.In a sector surge spearheaded by Rivian Automotive Incand Lucid Group Inc, Tesla Incrose 4.1% to close at $1,054.73, leaving its mark","content":"<p>Nov 16 (Reuters) - Tesla Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings showed after the electric vehicle maker's shares rebounded during regular trade.</p>\n<p>Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the SEC filings showed.</p>\n<p>In a sector surge spearheaded by Rivian Automotive Inc(RIVN.O)and Lucid Group Inc(LCID.O), Tesla Inc(TSLA.O)rose 4.1% to close at $1,054.73, leaving its market capitalization down about $187 billion since before Musk&nbsp;began selling shares&nbsp;last week.</p>\n<p>Rivian's stock jumped 15%, with the EV maker now up over 120% since its initial public offer last Wednesday.</p>\n<p>Rivian disclosed in a filing on Tuesday that its underwriters bought 22.95 million additional shares, boosting the total size of the IPO. Including those shares, Rivian's market capitalization rose to $153 billion, overtaking Volkswagen AG(VOWG_p.DE)by $14 billion and making the Irvine, California, company the world's third-most valuable carmaker.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c79a6052d2341011d10b01ea80d27d00\" tg-width=\"1500\" tg-height=\"490\" width=\"100%\" height=\"auto\"><span>Reuters Graphics Reuters Graphics</span></p>\n<p>Lucid surged nearly 24% after it said reservations for its cars rose to 13,000 in the third quarter and that it is confident it will produce 20,000 of its upcoming Lucid Air sedans in 2022.</p>\n<p>The gain in Lucid's shares elevated its stock market value to $90 billion, overtaking Ford Motor Co(F.N)and leaving it $1 billion short of General Motors Co(GM.N).</p>\n<p>Over the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. 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I'd say it's more likely to be 20% higher than 20% lower.\"</p>","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>Tesla's Musk sells another 934,000 shares to pay taxes after exercising options</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\">\nTesla's Musk sells another 934,000 shares to pay taxes after exercising options\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-17 09:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nov 16 (Reuters) - Tesla Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings showed after the electric vehicle maker's shares rebounded during regular trade.</p>\n<p>Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the SEC filings showed.</p>\n<p>In a sector surge spearheaded by Rivian Automotive Inc(RIVN.O)and Lucid Group Inc(LCID.O), Tesla Inc(TSLA.O)rose 4.1% to close at $1,054.73, leaving its market capitalization down about $187 billion since before Musk&nbsp;began selling shares&nbsp;last week.</p>\n<p>Rivian's stock jumped 15%, with the EV maker now up over 120% since its initial public offer last Wednesday.</p>\n<p>Rivian disclosed in a filing on Tuesday that its underwriters bought 22.95 million additional shares, boosting the total size of the IPO. Including those shares, Rivian's market capitalization rose to $153 billion, overtaking Volkswagen AG(VOWG_p.DE)by $14 billion and making the Irvine, California, company the world's third-most valuable carmaker.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c79a6052d2341011d10b01ea80d27d00\" tg-width=\"1500\" tg-height=\"490\" width=\"100%\" height=\"auto\"><span>Reuters Graphics Reuters Graphics</span></p>\n<p>Lucid surged nearly 24% after it said reservations for its cars rose to 13,000 in the third quarter and that it is confident it will produce 20,000 of its upcoming Lucid Air sedans in 2022.</p>\n<p>The gain in Lucid's shares elevated its stock market value to $90 billion, overtaking Ford Motor Co(F.N)and leaving it $1 billion short of General Motors Co(GM.N).</p>\n<p>Over the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. Those sales fulfill almost half of his pledge on Twitter to sell 10% of his stake in Tesla.</p>\n<p>Musk began selling shares last week after floating the idea in a&nbsp;Twitter poll.</p>\n<p>With electric-car makers increasingly in demand on Wall Street, Tesla's stock has surged more than 150% in the past 12 months.</p>\n<p>\"There's still plenty of buying interest because I still think ultimately investors are viewing this as a phase and viewing pullbacks as an opportunity,\" said Craig Erlam, senior market economist at OANDA.</p>\n<p>\"If you ask me where the share price is going to be six months from now, 12 months from now? I'd say it's more likely to be 20% higher than 20% lower.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142102958","content_text":"Nov 16 (Reuters) - Tesla Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings showed after the electric vehicle maker's shares rebounded during regular trade.\nMusk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the SEC filings showed.\nIn a sector surge spearheaded by Rivian Automotive Inc(RIVN.O)and Lucid Group Inc(LCID.O), Tesla Inc(TSLA.O)rose 4.1% to close at $1,054.73, leaving its market capitalization down about $187 billion since before Musk began selling shares last week.\nRivian's stock jumped 15%, with the EV maker now up over 120% since its initial public offer last Wednesday.\nRivian disclosed in a filing on Tuesday that its underwriters bought 22.95 million additional shares, boosting the total size of the IPO. Including those shares, Rivian's market capitalization rose to $153 billion, overtaking Volkswagen AG(VOWG_p.DE)by $14 billion and making the Irvine, California, company the world's third-most valuable carmaker.\nReuters Graphics Reuters Graphics\nLucid surged nearly 24% after it said reservations for its cars rose to 13,000 in the third quarter and that it is confident it will produce 20,000 of its upcoming Lucid Air sedans in 2022.\nThe gain in Lucid's shares elevated its stock market value to $90 billion, overtaking Ford Motor Co(F.N)and leaving it $1 billion short of General Motors Co(GM.N).\nOver the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. Those sales fulfill almost half of his pledge on Twitter to sell 10% of his stake in Tesla.\nMusk began selling shares last week after floating the idea in a Twitter poll.\nWith electric-car makers increasingly in demand on Wall Street, Tesla's stock has surged more than 150% in the past 12 months.\n\"There's still plenty of buying interest because I still think ultimately investors are viewing this as a phase and viewing pullbacks as an opportunity,\" said Craig Erlam, senior market economist at OANDA.\n\"If you ask me where the share price is going to be six months from now, 12 months from now? I'd say it's more likely to be 20% higher than 20% lower.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871803347,"gmtCreate":1637045320921,"gmtModify":1637047160571,"author":{"id":"3575429568930182","authorId":"3575429568930182","name":"sungjacob","avatar":"https://static.tigerbbs.com/1d2e7459a5c8b9d116a07f6a54691ba5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575429568930182","authorIdStr":"3575429568930182"},"themes":[],"htmlText":"Do u think it is wise to sell now and minimise losses and buy again when it dips? After all, Elon is set to sell even more shares","listText":"Do u think it is wise to sell now and minimise losses and buy again when it dips? After all, Elon is set to sell even more shares","text":"Do u think it is wise to sell now and minimise losses and buy again when it dips? After all, Elon is set to sell even more shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/871803347","repostId":"1118366658","repostType":2,"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. 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. It was not clear how or whether the trading plan related to Musk's Twitter poll.</p>","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 exercised 2.1 million Tesla options on November 15 at a price of $6.24, according to the SEC files.</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 exercised 2.1 million Tesla options on November 15 at a price of $6.24, according to the SEC files.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-16 09:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<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. 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. It was not clear how or whether the trading plan related to Musk's Twitter poll.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118366658","content_text":"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.\nMusk sold 934,091 shares after exercising options to buy 2.1 million stocks at $6.24 each on Monday. 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.\nThis is the second time in a week that the billionaire has exercised his stock option. Last Monday, he sold another 934,000 shares for $1.1 billion after exercising options to acquire nearly 2.2 million shares.\nThe 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.\nAs 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.\nOn 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. It was not clear how or whether the trading plan related to Musk's Twitter poll.","news_type":1},"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000463","authorId":"9000000000000463","name":"MurrayBulwer","avatar":"https://static.tigerbbs.com/86339b64cf42eeac7905c45fdbbed7fb","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000463","authorIdStr":"9000000000000463"},"content":"I am optimistic about the electric vehicle industry. With the shortage of oil resources, electric vehicles will develop well in the future. But I have questions about Tesla. It has too much news, which makes me worry about whether it is focusing on the research and development of cars.","text":"I am optimistic about the electric vehicle industry. With the shortage of oil resources, electric vehicles will develop well in the future. But I have questions about Tesla. It has too much news, which makes me worry about whether it is focusing on the research and development of cars.","html":"I am optimistic about the electric vehicle industry. With the shortage of oil resources, electric vehicles will develop well in the future. But I have questions about Tesla. It has too much news, which makes me worry about whether it is focusing on the research and development of cars."}],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}