Musk exercises more options, sells Tesla shares worth $1.38 billion

December 03, 2021 11:55 AM

BENGALURU (REUTERS) – Tesla’s chief executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth US$1.01 billion ($1.38 billion) to meet his tax obligations related to the exercise of options to buy 2.1 million shares, regulatory filings showed on Thursday (Dec 2).

Source : http://www.straitstimes.com/business/companies-markets/musk-exercises-more-options-sells-tesla-shares-worth-138-billion