Musk sold another 934,091 shares on Tuesday, bringing the total number of shares he dumped to 13.8 million, far from the 17 million expected.
After the change in behavior of the billionaire, the shares rebounded this day to $ 998.50. “I sold enough shares to get to around 10%, plus the options exercise, and I tried to be extremely literal.”he said in Tuesday’s interview with the conservative satirical website Babylon Bee.
Asked if he sold the shares because of the Twitter poll, he said he needed to exercise the stock options that expire next year “whatever happens.” He added that he sold “additional shares” to get closer to 10%.
Separately, after moving Tesla’s headquarters from California to Texas earlier this month, Musk criticized California for “over-taxation” and “over-regulation.”
Source From: Ambito
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