By Hyunjoo Jin
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk has sold $15.4 billion worth of shares since early November when the world’s richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.
The billionaire sold another 934,091 shares for $928.6 million on Wednesday to pay for taxes on the exercise of his stock options, according to U.S. securities filings.
Here is a string of transactions he has done:
DATE SHARES ACQUIRED SHARES SOLD GROSS PROCEEDS
NOV. 8 2.2 mln
NOV. 8 934,091 $1.10 bln
NOV. 9 3.1 mln $3.35 bln
NOV. 10 500,000 $527.3 mln
NOV. 11 639,737 $687.3 mln
NOV. 12 1.2 mln $1.24 bln
NOV. 15 2.1 mln
NOV. 15 934,091 $930.7 mln
NOV. 16 2.1 mln
NOV. 16 934,091 $973.4 mln
NOV. 23 2.2 mln
934,091 $1.05 bln
DEC. 2 2.1 mln
934,091 $1.01 bln
Dec.9 2.2 mln
934,091 $963.2 mln
Dec.13 2.1 mln
934,091 $906.5 mln
Dec.16 2.2 mln
934,091 $884.1 mln
Dec.21 2.09 mln
934,091 $853.7 mln
Dec. 22 2.11 mln 934,091 $928.6 mln
Total 21.3 mln 14.77 mln $15.4 bln
HOW DID MUSK SELL?
Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed.
The latest transaction brings the total number of shares he has offloaded to 14.77 million.
(Reporting by Hyunjoo Jin in San Franscisco and Subrat Patnaik, Akash Sriram, Ann Maria Shibu and Juby Babu in Bengaluru; Editing by Sriraj Kalluvila and Matthew Lewis)
