Tesla and Spice X CEO Elon Musk continues to sell shares in his electric car company, when last night (Monday) he sold 934,091 shares for an unimaginable amount of $ 906.49 million. Tesla shares ended trading yesterday down 5 percent to $ 966.41.
At the same time, Musk exercised options to purchase 2.13 million shares at a price of $ 6.24 per share granted to him through a 2012 compensation package. Held in September which intends to sell a large share of the shares in the fourth quarter.
A little over a month ago, on November 6, Musk tweeted on his Twitter account that “recently many have been arguing that holding unrealized profits is a means of tax evasion, so I offer to sell 10% of my Tesla shares. Do you support that?” Wall and clarified: “Please note, I do not take a salary in cash or a bonus out of nowhere. I only have shares, so my only way to pay taxes in person is to sell shares.”
The founder of Tesla promised to hold the results of the survey in which more than 3.5 million people voted and almost 58 percent supported the sale. Currently, he has another 5 million shares left to keep his promise.