Elon Musk Sells $1 Billion in Tesla Stock

Elon Musk Sells $1 Billion in Tesla Stock

Elon Musk announced on Twitter that he would be selling 10 percent of his Tesla shares and is now slowly getting serious. He also has a tip for DOGE-Hodler.

Elon Musk has sold another huge block of shares. According to a document filed with the Securities and Exchange Commission on November 23, the sale generated approximately $1.05 billion for the Tesla CEO. runs out of paper according to Reuters It was also found that Musk exercised 2.15 million stock options. The sale was apparently done to collect taxes. Musk recently sold about 9.2 million shares for $9.9 billion in revenue.

Elon Musk announced on Twitter that he would sell ten percent of his Tesla shares, stirred up, They have already implemented almost half of the project. In a survey, about 58 percent of the participants also agreed to this campaign. Musk also defended himself against accusations of using unrealized gains as a means of tax avoidance.

Musk advises Dogecoin holders to have a private wallet

True, they were also sold impact on curriculum Tesla stock. It is currently down nearly 10 percent from its all-time high of $1,230 on November 4. However, experts largely agree that this is only a temporary phenomenon.

But that’s not the only way Elon Musk keeps investors in suspense. He also recently posted on Twitter Some advice To the Dogecoin-hodler from Stack, apologies: off the leash. Because he advises them to withdraw tokens from centralized trading platforms so that they can control their private keys. Back in February, he tweeted that any wallet that does not allow users to control their funds “should be avoided at all costs”. If the exchange was hacked, the money would be gone. However, hodlers face the same problem if their private keys are lost, which is why newbies are often advised against this method.

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