Elon Musk Offloads More Tesla (TSLA) Shares, Sold $9.9 Billion Worth of Stock Since Twitter Poll

November 24, 2021 5:16 AM EST

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After taking a short break, Elon Musk has continued to sell his Tesla (NASDAQ: TSLA) shares to avoid a big tax bill on his stock options.

Latest Form 4 filings from Tesla released last night show that Musk exercised options to buy 2.15 million shares before selling another 934,091 shares of Tesla worth $1.05 billion.

Since November 6, when Musk asked his Twitter followers whether he should sell 10% of his total stake in the EV maker, he sold 9.2 million shares worth $9.9 billion.

Musk bought 2.15 million shares at $6.24 before selling nearly half of these shares at prices ranging between $1,063 and $1,079, filings show.

Tesla shares closed over 4% lower yesterday at $1,109.03.



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