Tesla (TSLA) CEO Musk Discloses Additional Stock Sales

(Updated - November 12, 2021 6:14 AM EST)

Additional Form 4 filings with the SEC showed CEO Elon Musk sold more Tesla (NASDAQ: TSLA) stock, as expected. The sales cover another 639,737 shares at prices from $1104-$1056 made on 11/11/21. The value of the stock sold was about $687 million.

Altogether, Musk has sold nearly $6 billion in stock, with more likely coming as he needs to cover a large tax bill for exercising options.

The sales also come days after Musk asked his 62.5 million Twitter followers whether he should sell 10% of his stake in Tesla. Musk told voters that he will comply with the end result with 57.9% voting “Yes.”

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