- This topic has 6 replies, 3 voices, and was last updated 7 months, 2 weeks ago by
.
- Posts
Tesla (TSLA) announces that its Board has approved previously announced intention to do a 3-for-1 stock split; trading on split-adjusted basis to begin on August 25
Tesla (TSLA) agrees to $5 bln deal to purchase battery materials from Indonesia, according to Reuters
Tesla (TSLA): California DMV accused the company of falsely advertising its Autopilot features, according to LA Times
Musk sells $US6.9b of Tesla shares, US SEC filings show
Elon Musk sold $6.9 billion of shares in Tesla Inc, according to regulatory filings Tuesday, the first time he has sold stock in the car maker since dropping his bid to buy Twitter Inc.
Tesla’s chief executive officer offloaded the shares on August 5, according to the new filings. Musk has now sold around $32 billion worth of stock in the electric-car maker in the past 10 months. The purpose of the latest sales wasn’t immediately clear.
Tesla’s stock slumped late last year as Musk offloaded more than $US16 billion worth of shares, his first sales in more than five years. The disposals started in November after Musk polled Twitter users on whether he should trim his stake.
The shares have risen about 35 per cent from their recent lows in May.
With a $US250.2 billion fortune, Musk is the world’s richest person, according to the Bloomberg Billionaires Index. His wealth has fallen $US20 billion this year as Tesla shares fell from around $US1200 at the start of the year.
Tesla (TSLA) CEO Elon Musk tweets “After wide release of FSD Beta 10.69.2, price of FSD will rise to $15k in North America on September 5th. Current price will be honored for orders made before Sept 5th, but delivered later”
Tesla reported Q3 earnings after the market close Wednesday of $1.05 earnings per share beating the consensus of $1.01. Revenue rose to $21.5 billion
[See the full post at: Tesla Revenues Miss, Margins Decline on Strong US Dollar on Production and Delivery Bottlenecks]
- You must be logged in to reply to this topic.