Elon Musk donated $5.7 billion in Tesla shares to charity in November

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Musk made the donations just as he was in the process of selling shares to cover taxes on the exercise of options set to expire in August this year.

Patrick Pleul/picture alliance via Getty Images

New SEC filing revealed Tesla CEO Elon Musk donated more than 5 million Tesla shares worth about $5.7 billion to charity. The donations made in November came days after the UN gave Musk details of its plan to fight world hunger. The filing did not specify which charity Musk donated to but noted that a trust was involved in the transactions.Something is loading.By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our

 

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He give it to the UN? That's not charity that's wasting money.

Lmao. 🥲

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