tesla by first american news

Elon Musk Enters the Home Stretch of His Tesla Share Sales

First American News, Raleigh, NC: Elon Musk offloaded the second batch of Tesla Inc. shares in a matter of days and is now three-quarters of the way done selling 10% of his stake in the company.

Tesla’s chief executive officer got rid of 934,091 shares for more than $884 million, according to regulatory filings dated Thursday. The sales were to pay for taxes on the exercise of 2.2 million options. Click here to read more on Elon Must and Tesla at Bloomberg News.

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