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Elon Musk Sells $1.1B Of Tesla Stock To Foot Tax Bill; Plan Set In Motion Months Before Twitter Poll

Elon Musk Sells $1.1B Of Tesla Stock To Foot Tax Bill; Plan Set In Motion Months Before Twitter Poll

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Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sold about $1.1 billion worth of shares in the automaker this week as part of a plan that was set in motion a couple of months in advance. What Happened: The entrepreneur exercised options on over two million Tesla shares and sold about 930,000 shares out of a stack of 170 million he owns, as per filings made with the U.S. Securities and Exchange Commission Wednesday.

...read full article on Benzinga

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