Tesla Inc Chief Executive Officer Elon Musk has sold nearly $12 billion worth of shares over the past month since the world’s richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.
On Thursday, the billionaire sold another 934,091 shares for $963 million to pay for taxes on the exercise of stock options to buy 2.17 million shares in Tesla, according to U.S. securities filings.
He has sold a combined 11.03 million shares and has acquired 12.87 million shares by exercising options since Nov. 8.
Read more/Source: Reuters
