Tesla CEO Elon Musk. Picture: BRENDAN MCDERMID/REUTERS
Musk said in a tweet that there are"no further TSLA sales planned after today". He sold 4.4-million shares on Tuesday and Wednesday, according to the filings, equating to 2.6% of his stake in the company. Musk has been looking for partners to reduce his equity contribution to the deal, a person familiar with the matter told Reuters, adding that it was far from certain such a partner would emerge.
Musk said on Twitter that he would pay more than $11bn in taxes in 2021 due to his exercise of stock options set to expire this year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iron man Elon Musk places his Tesla battery betsAs Tesla's profits and prices grabbed headlines last week, a potentially pivotal development for the global car industry flew largely under the radar.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Jameela Jamil quits Twitter after Elon Musk buys it | ChannelThe actor and activist shared pictures of herself cuddling her dog, Barold, as her final post on the social media platform. Who she? Bye bye
Source: Channel24 - 🏆 48. / 51 Read more »
How Elon Musk went from being bullied in Pretoria to buying Twitter | BusinessinsiderHow Elon Musk went from being bullied in Pretoria to buying Twitter
Source: BISouthAfrica - 🏆 34. / 51 Read more »
Elon Musk already risks violating condition of deal with TwitterElon Musk’s comments relating to Twitter’s top lawyer, Vijaya Gadde, risk violating the deal’s conditions. Fake news, he only violates the condition if he tweets about the deal and disparages twitter in the same tweet.
Source: mybroadband - 🏆 11. / 67 Read more »
Elon Musk jokes about buying Coca-Cola to ‘put the cocaine back in’ | Fin24Emboldened by his successful $44 billion bid to buy Twitter Inc., Elon Musk took to the platform to joke about a new potential takeover target — but even the world’s richest man may find this one a bit too pricey. | Fin24 Fin24 And that’s a tweet, I mean news. Fin24 Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07 Fin24 Who said it's a joke?
Source: News24 - 🏆 4. / 80 Read more »
Elon Musk eyes McDonald's...and wants to put cocaine back in Coca-Cola!Elon Musk eyes McDonald's...and wants to put cocaine back in Coca-Cola! Billionaire Elon Musk expressed his interest in buying McDonald's to 'fix the ice cream machine' and Coca-Cola to 'put the cocaine back in'.
Source: TheSAnews - 🏆 25. / 59 Read more »