Kimbal Musk, a Tesla board member and the brother of Elon, netted $17 million earlier this week as he exercised options and then sold those shares he acquired.
Kimbal Musk, a Tesla Inc. board member and the brother of Elon Musk, netted more than $17 million this week by exercising options and selling the shares for prices far higher than what he paid for them.
He... Kimbal Musk, a Tesla Inc. board member and the brother of Elon Musk, netted more than $17 million this week by exercising options and selling the shares for prices far higher than what he paid for them. He paid $2.47 million to acquire the shares through options. Musk sold the 100,000 shares for $19.57 million in aggregate, bringing his net profit from the transactions to $17.1 million.
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