Tesla Stock Jumps As CEO Elon Musk Exercises Last of His 2022 Stock Options

0
18
Published by
The Street

By Martin Baccardax Elon Musk has sold around 15.7 million Tesla shares, putting his total close to the 17 million needed to honor a Twitter poll result published on November 6. Tesla (TSLA) – Get Tesla Inc Report shares jumped higher Wednesday after founder and CEO Elon Musk exercised the final batch of stock options expected to expire next year, signaling and end to his current run on share sales. Securities and Exchange Commission filings late Tuesday show Musk exercised options on 1.6 million shares — first granted in 2012 — taking his total to 22.8 million. He also sold 934,090 shares -…

Read More