Elon Musk sold another billion dollars worth of Tesla stock, getting even closer to its goal to reduce by 10% the stake of approximately 200 billion in the Californian electric car manufacturer of which he is CEO. Tesla’s number one, who is the richest person in the world, sold 934,090 shares, according to a document filed with the United States Securities & Exchange Commission. In the afternoon, Musk announced that he had exercised all of his options expiring next year, signaling the end of the sales of shares.
Tesla was up 2.3% in pre-market trading on Wall Street and then moved into negative territory. Shares have gained 54% this year, but have lost just over 8% since November, when Musk in a Twitter poll asked his 68 million followers if he would have to sell part of his stake to pay around 11 billion in taxes.
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The eccentric entrepreneur, founder of Space X, the subject of harsh criticism from Beijing for the amount of satellites in orbit, has started selling Tesla shares after asking his followers on Twitter (68 million) in November.
Musk has a net worth close to $ 280 billion, up nearly 80% this year, according to the Bloomberg Billionaires Index. In second place the founder of Amazon, Jeff Bezos, at 196 billion. Third is the lord of luxury, Bernard Arnault, with 175 billion.
