Elon Musk sold $906.5 million worth of Tesla stock

Tesla CEO Elon Musk has sold more than 934,000 shares of his company for $906.5 million, Reuters reported, citing a disclosure. Mr Musk also exercised options to buy 2.13 million Tesla shares. Since November, the Tesla CEO has sold 11.97 million shares worth $12.74 billion, while exercising options on 14.96 million shares. In early October, Elon Musk asked Twitter users if he should sell 10% of his stake in Tesla; the majority voted yes. Since then, the Tesla CEO has begun selling shares – both as part of a planned option exercise approved back in September and outside of it. By November 24, he had sold more than half of the shares he promised to exercise. The day before, Time magazine announced Ilon Musk as the man of the year. According to Edward Felsenthal, editor-in-chief of the magazine, the entrepreneur significantly affects life on Earth and “in the long term, perhaps, on life beyond.” More about the plans – in the material “Kommersant FM” “Ilon Musk put his career in the poll”.