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2021-12-04

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Tesla's Musk over halfway through his pledge with nearly $11 bln stake sale

Dec 3 - Tesla Inc Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million

Tesla's Musk over halfway through his pledge with nearly $11 bln stake sale

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He owned a combination of about 244 million","content":"<p>Dec 3 (Reuters) - Tesla Inc&nbsp;Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>10.7 mln</td>\n   <td>10.1 mln</td>\n   <td>$10.87 bln</td>\n  </tr>\n </tbody>\n</table>\n<p><b>HOW DID MUSK SELL?</b></p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.</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 over halfway through his pledge with nearly $11 bln stake sale</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 over halfway through his pledge with nearly $11 bln stake sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-03 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 3 (Reuters) - Tesla Inc&nbsp;Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>10.7 mln</td>\n   <td>10.1 mln</td>\n   <td>$10.87 bln</td>\n  </tr>\n </tbody>\n</table>\n<p><b>HOW DID MUSK SELL?</b></p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.</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":"1158981658","content_text":"Dec 3 (Reuters) - Tesla Inc Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.\nHe has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.\nHere is a string of transactions he has done:\n\n\n\nDATE\nSHARES ACQUIRED\nSHARES SOLD\nGROSS PROCEEDS\n\n\nNOV. 8\n2.2 mln\n\n\n\n\nNOV. 8\n\n934,091\n$1.10 bln\n\n\nNOV. 9\n\n3.1 mln\n$3.35 bln\n\n\nNOV. 10\n\n500,000\n$527.3 mln\n\n\nNOV. 11\n\n639,737\n$687.3 mln\n\n\nNOV. 12\n\n1.2 mln\n$1.24 bln\n\n\nNOV. 15\n2.1 mln\n\n\n\n\nNOV. 15\n\n934,091\n$930.7 mln\n\n\nNOV. 16\n2.1 mln\n\n\n\n\nNOV. 16\n\n934,091\n$973.4 mln\n\n\nNOV. 23\n2.15 mln\n934,091\n$1.05 bln\n\n\nDEC. 2\n2.1 mln\n934,091\n$1.01 bln\n\n\nTotal\n10.7 mln\n10.1 mln\n$10.87 bln\n\n\n\nHOW DID MUSK SELL?\nMusk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.\nThe tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.\nFollowing a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":818,"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":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}