The Epoch Times
By Benzinga
December 10, 2021 Updated: December 10, 2021
Tesla Inc. CEO Elon Musk sold shares worth $963.2 million on Thursday, as per filings made with the U.S. Securities and Exchange Commission.
What Happened: Musk sold 934,091 shares of Tesla and also exercised options to purchase 2.17 million shares of the automaker at $6.24.
As per the filings, the shares were “sold solely to satisfy the reporting person’s tax withholding obligations.”