{"id":1106134,"date":"2021-12-10T13:28:47","date_gmt":"2021-12-10T18:28:47","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1106134"},"modified":"2021-12-10T13:28:51","modified_gmt":"2021-12-10T18:28:51","slug":"king-of-green-elon-musk-sells-another-1-billion-of-tesla-stock","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/king-of-green-elon-musk-sells-another-1-billion-of-tesla-stock\/","title":{"rendered":"King of Green: Elon Musk Sells Another $1 Billion of Tesla Stock"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fking-of-green-elon-musk-sells-another-1-billion-of-tesla-stock%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1106134&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">Tesla and SpaceX CEO Elon Musk has sold another $963.2 million worth of Tesla stock. Last month, Musk sold almost $10 billion worth of stock.<\/p>\n<p>CNBC <a href=\"https:\/\/www.cnbc.com\/2021\/12\/10\/elon-musk-sells-another-963-million-of-tesla-stock.html\">reports<\/a> that Tesla CEO Elon Musk has once again sold a large portion of shares in the company. According to financial filings with the&nbsp;SEC published late Thursday, Musk sold 934,091 shares of Tesla stock worth $963.2 million.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<div id=\"attachment_9176095\" class=\"wp-caption alignnone\" readability=\"37\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/12\/AP_101027052253.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9176095\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/12\/AP_101027052253.jpg\" alt=\"Tesla CEO Elon Musk unveils the new Tesla factory in Fremont, Calif., Wednesday, Oct. 27, 2010. The new Tesla factory is the former NUMMI plant. (AP Photo\/Paul Sakuma)\" width=\"640\" height=\"480\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Tesla CEO Elon Musk unveils the new Tesla factory in Fremont, Calif., Wednesday, Oct. 27, 2010. The new Tesla factory is the former NUMMI plant. (AP Photo\/Paul Sakuma)<\/p>\n<\/div>\n<p>Tesla share prices fell more than one percent in pre-market trading on Friday, after falling by six percent in the previous session, but is positive in mid-day trading. The fall in stock price was likely also influenced by Musk\u2019s joke about quitting his jobs to become a full-time internet influencer.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"6.7857142857143\">\n<p lang=\"en\" dir=\"ltr\">thinking of quitting my jobs &amp; becoming an influencer full-time wdyt<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1469153995428085762?ref_src=twsrc%5Etfw\">December 10, 2021<\/a><\/p>\n<\/blockquote>\n<p>Last month, Musk sold $9.85 billion worth of stock, including the $6.9 billion he sold the week of November 10 and another $1.9 billion he sold on November 15 and November 16. Some shares were sold partly to satisfy tax obligations related to an exercise of stock options.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>In a tweet at the time, Musk said: \u201cMuch 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?\u201d<\/p>\n<p>Musk\u2019s followers could choose from \u201cYes,\u201d or \u201cNo.\u201d 3,519,252 people responded to the poll and 57.9 percent voted \u201cyes.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"9.1061452513966\">\n<p lang=\"en\" dir=\"ltr\">Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.<\/p>\n<p>Do you support this?<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1457064697782489088?ref_src=twsrc%5Etfw\">November 6, 2021<\/a><\/p>\n<\/blockquote>\n<p>Musk said at the Code Conference in Beverly Hills, California, in September that his marginal tax rate would be more than 50 percent when his stock options expire at his company and he planned to sell soon.&nbsp;\u201cI have a bunch of options that are expiring early next year, so \u2026 a huge block of options will sell in Q4 \u2014 because I have to or they\u2019ll expire,\u201d he said.<\/p>\n<p>Read more at <a href=\"https:\/\/www.cnbc.com\/2021\/12\/10\/elon-musk-sells-another-963-million-of-tesla-stock.html\">CNBC here.<\/a><\/p>\n<p class=\"Component-root-0-2-107 paragraph-0-2-12\"><strong><i>Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter&nbsp;<\/i><i><a class=\"x5l\" href=\"http:\/\/twitter.com\/lucasnolan\" target=\"_blank\" rel=\"noopener external\">@LucasNolan<\/a>&nbsp;<\/i><i>or contact via secure email at the address&nbsp;<a class=\"x5l\" href=\"mailto:lucasnolan@protonmail.com\" target=\"_blank\" rel=\"noopener external\">lucasnolan@protonmail.com<\/a><\/i><i><\/i><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla and SpaceX CEO Elon Musk has sold another $963.2 million worth of Tesla stock. Last month, Musk sold almost $10 billion worth of stock. CNBC reports that Tesla CEO &#8230;<\/p>\n","protected":false},"author":28,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1106134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1106134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1106134"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1106134\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1106134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1106134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1106134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}