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Elon Musk sold another $973 million of Tesla shares to pay taxes after exercising more options

16 days ago   |   By

Tesla CEO Elon Musk. Michele Tantussi/Reuters
Tesla CEO Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price of $1,054.73 a share.
He also sold 934,091 shares for $973 million to pay taxes, SEC filings showed.
Over the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion.
Tesla Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings showed after the electric vehicle maker's shares rebounded during regular trade. Musk acquired 2.1 million shares worth $2.2 billion at the...
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