Coverage dated November 6, 2021 to November 10, 2021
After Twitter poll, CEO Musk sells off $5B in Tesla shares
Headline from Madison, on the newest of 3 developments
DETROIT (AP) — After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker's stock, raising over $5 billion.
Madison's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Elon Musk Faces a $15 Billion Tax Bill, Which Is Likely the Real Reason He's Selling Stock
Headline from NBC10 Philadelphia ·
Tesla stock prices dip after Elon Musk proposes selling 10 percent of his own shares
Headline from Newsweek ·
Newest
After Twitter poll, CEO Musk sells off $5B in Tesla shares
Elon Musk faces a tax bill of over $15 billion in the coming months on stock options, making a sale of Tesla stock this year likely regardless of the Twitter vote.
If and when Elon Musk sells a large chunk of his Tesla shares, it'll probably have relatively little to do with a Twitter poll among his loyal followers — and everything to do with a looming multi-billion-dollar tax bill.
Elon Musk's poll on whether to sell 10% of his Tesla stock has come to an end and the answer is yes. 57.9% out of over 3.5 million votes supported the idea.
DETROIT (AP) — After making a promise on Twitter, Tesla CEO Elon Musk has sold about 900,000 shares of the electric car maker's stock, netting over $1.1 billion that will
The entrepreneur sold about 900,000 shares of his company Tesla after asking Twitter followers whether he should sell 10% of his stocks. But documents showed the sale was put in motion much before the poll.
DETROIT (AP) — After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker's stock, raising over $5 billion.
The world's richest man sold about 900,000 shares of his company Tesla after asking Twitter followers whether he should sell 10% of his stocks. But documents showed the sale was put in motion much before the poll.