Source: China Fund News
Musk's reduction is an important negative factor for Tesla in the near future, and his words have finally eliminated people's concerns.
Tesla CEO Elon Musk said that when the sale of Tesla shares reached $10 billion, the goal of selling 10% of the stock was completed. There are still a few parts left, but they are almost complete.
As soon as this statement came out, Tesla's stock price immediately rebounded sharply. By the close, Tesla was up 7.49 percent, with a market capitalization weight of $1 trillion. On that day, Tesla's market value soared by $70.4 billion, or about 450 billion yuan.
The latest SEC documents show that Musk sold 583611 million shares of Tesla stock again on the 21st.
Since he asked for comments on Twitter, he has sold 13.48 million shares of Tesla stock, 3.52 million shares away from the 10% sell-off target, and the target completion rate is about 79%.
Tesla CEO Elon Musk said in an interview with the American satirical website Babylon Bee that he has achieved his goal of selling 10% of his Tesla stock.
Musk said the sell-off of stocks is all about paying taxes, "and I can't pay taxes unless I sell some shares." I thought, either I'll just sell a 10%? Then I asked on Twitter and everyone agreed. ”
He added, "I've sold enough stock to get 10 percent, plus the things that exercise options, and I'm trying to be very blunt." No need to guess, it's literal. ”
He also said he sold "incremental stock" to reach his 10 percent target.
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