According to foreign media reports, according to regulatory documents submitted on Thursday local time, Tesla CEO Elon Musk exercised the option again on Thursday local time, bought 2.17 million shares of Tesla stock, and then sold 934,091 shares worth $963 million.
Before selling Tesla stock, Musk launched a voting campaign on Twitter asking its 62.7 million followers if he should sell 10 percent of Tesla stock. The results show that nearly 60% of fans support him selling 10% of Tesla stock.
Foreign media said that Musk's move is a response to the "billionaire tax" proposed by the US Senate Democrats. Musk said: "Please note that I am not receiving cash wages or bonuses from anywhere. I only have stocks, so the only way I personally pay taxes is to sell stocks. ”
After gaining the support of the majority, Musk began selling Tesla stock on November 8 this year. Before the stock sale began, his 10 percent stake in Tesla totaled about 17 million shares.
Since Nov. 8 of this year, Musk has bought 12.87 million shares of Tesla stock through exercise options and cumulatively sold 11.03 million shares of Tesla stock worth nearly $12 billion. That means Musk has now completed nearly 65 percent of his target and has nearly 6 million shares for sale.
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