Elon Musk sells Tesla shares worth $6
时间:2024-06-26 13:02:56 阅读(143)
Elon Musk has sold 7.92 million shares of Tesla, just months after declaring that he would not sell any more stock of the company. A series of regulatory filings by the electric car manufacturing giant showed that Elon Musk has sold a large number of shares that would be worth $6.73 billion at Tuesday’s closing price. Tesla’s share price has tanked close to 30% so far this year to now trade at $850 per share. Shares of the electric car maker have suffered this year, primarily after Elon Musk announced that he would buy Twitter for around $44 billion — a deal he has since walked away from.
Selling continues
Also Read: US Stocks end lower as investors turn cautious ahead of CPI inflation data; Bitcoin snaps 4-day winning streak
The richest person in the world, Elon Musk has sold Tesla shares worth around $32 billion since November last year according to Bloomberg. The sale started after Musk took to Twitter to ask his followers, via a poll, if he should sell shares of his company.
Tesla stock split
Last Friday, Tesla’s board of directors in Austin, Texas, approved and declared a 3-for-1 split of Tesla’s common stock. The company plans to make the stock more accessible for employees and investors through the split. With the record date set at August 17, Each shareholder on the company will get 2 additional shares of common stock for every one share held. The additional shares will be credited to the account of shareholders after the close of trading on August 24.
Twitter battle set for court date
Elon Musk has been engaged in a legal battle in recent months with Twitter after he walked away from a $44 billion deal for the company. Musk called off the deal claiming that Twitter had failed to provide him with data on the number of fake accounts. Now, a court battle has been set for October between the two parties.
Also Read: Elon Musk says Twitter deal should go ahead if it provides proof of real accounts
Earlier this week, Elon Musk also targeted the US Securities and Exchange Commission for not investigating Twitter over its account data, and on the other hand, challenged Twitter CEO Parag Agrawal to a public debate over Twitter bots accounts.
猜你喜欢
- Petrol and Diesel Rate Today, 19 May- Some cities see revision; Check rates in Delhi, Mumbai, other cities
- Reliance Industries Q4FY23 Results Preview- Mukesh Ambani firm may see muted growth, strong EBITDA jump
- RIL Q4 Results Highlights- Reliance Q4 net profit at Rs 19,299 cr beats estimates, supported by growth across biz
- Petrol and Diesel Rate Today, 6 December- Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities
- Rupee trades in narrow range against US dollar in early trade
- Rupee to appreciate amid retreat in dollar, rise in risk appetite in domestic markets; USDINR resistance at 78
- RIL renews call to remove cap on domestic gas price
- Reliance’s JioBharat finds good initial response, but may not be enough to hurt Bharti Airtel badly- Analysts
- Rupee spurts 31 paise to a month high against US dollar on stocks rally