Tesla: Elon Musk “almost finished”

(AOF) – A day after he said he had “sold enough” shares to meet his goal of selling 10% of his stake in Tesla, Chief Executive Elon Musk tweeted Wednesday that it was “almost done.” According to SEC documents, he exercised more stock options and sold an additional 934,000 shares, valued at approximately $ 928.6 million.

With Wednesday’s stock sales, Musk has sold about 14.8 million shares since Nov. 7, when he posted a poll on Twitter asking if he should sell 10% of his stake in Tesla.

In total, stock sales totaled just over $ 15 billion. He also exercised more than 2.1 million stock options Wednesday, or about 20 million options exercised since Nov. 7.

At the time of his Twitter poll, Musk’s 10% stake was around 17 million shares. He also has about 1.7 million stock options left that will expire in August 2022.


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