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re: Elon Musk has sold roughly $5 billion in Tesla stock this week, and probably isn’t done

Posted on 11/10/21 at 10:58 pm to
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6145 posts
Posted on 11/10/21 at 10:58 pm to

quote:

I heard a few weeks back the exact reason why he has to sell, but just can't remember.)


quote:

Musk exercised 2.1 million options that were about to expire and sold more than 930,000 of them, raising $1.1 billion in order to pay taxes on the option exercise.
This post was edited on 11/10/21 at 10:59 pm
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