Elon Musk sold about 4.5 million shares in Tesla and raised more than five billion dollars (ie 110 billion crowns). This follows from the company’s statements to the US Securities and Exchange Commission (SEC). Of the total, more than a billion dollars will go to the castle tax from stock options.
This is Musk’s first sale of the carmaker’s event since 2016 and went to polls on Twitter. Billions addressed Twitter users over the weekend in response to criticism that they did not pay fair taxes: Recently, there has been a lot of talk that unrealized profits are a means to I also propose to sell ten percent of Tesla’s shares. Do you support it? He added that he would succumb to the result, and it will be anyway. 57.9 percent of users voted for the sale of the event.
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
Do you support this?
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6. november 2021 at 20:17, pspvek archivovn: 11. november 2021 at 9:07
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It is not entirely clear whether Musk’s weekend survey on Twitter had any effect on his decision to make some or all of the transactions, or whether he would continue selling until he reached the 10 percent mark. In order to keep the promise, he would have to sell about 17 million shares or more if he included such exercisable options in his total money needs.
Musk salary in shares
Tesla did not pay Musk a salary in cash. Instead, there are huge stock options. I only have shares, so the only way to pay the tax in person is to sell the shares, he said on Twitter.
The agencies warn that the number of securities sold comes from the high remuneration of 2012, first in the form of stock options. These options must be exercised by August of that year, otherwise
At first, the sale triggered a drop in stock prices on Monday and then, and the stock picked up again on Wednesday. This year, Tesla’s shares registered more than 50 percent. They closed at $ 1,067.95 on Wednesday. Earlier this year, Musk publicly announced that these options were likely to be exercised in the near future. It is thus possible that this application and the related sale would take place regardless of the results of the survey on Twitter, according to a previously agreed full, the Bloomberg agency stated.
Was Musk’s poll on Twitter bad? The sale of the Tesla event is suitable for him |
After the billion-dollar transaction, it owns approximately 167 million Tesla shares. According to the data from June, according to the AP Musk agency, it was Tesla’s largest share with a share of about 17 percent. According to Forbes magazine, Musk is the richest man in the world, his property is about 282 billion USD. Tesla’s main stock.
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