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Musk has sold 9.16 million Tesla shares since November 8

Wechat scanning QR code < / P > < p > is used to share with friends and circles of friends < / P > < p > financial Associated Press, November 24. According to the documents of the US Securities and Exchange Commission, Tesla CEO Elon Musk sold 934091 Tesla shares on November 23. Musk has sold about 9164148 Tesla shares since November 8, accounting for 53.75% of its previously committed shares. Musk currently holds nearly 169 million Tesla shares through its trust fund < p > extended reading: < / P > < p > < / P > < p > musk cashed out $8.8 billion in 9 days. How to spend this money? Both the United Nations and the giants of grain enterprises have recruited < / P > < p > source: & nbsp; Wall Street News & nbsp& nbsp; < p > < / P > < p > as of November 16 this Tuesday, according to the regulatory documents submitted to the SEC of the U.S. Securities and Exchange Commission, Tesla CEO has sold 8.16 million shares of the company in seven trading days since November 8, with a cumulative cash out of $8.8 billion < p > among them, musk sold 2.8 million shares worth about US $3 billion to pay the huge tax arising from the exercise of three batches of stock options in the same period, which also means that he sold more than US $5 billion more shares than required for tax < p > since the weekend before November 8, musk has solicited the opinions of netizens on stock sales, nearly half of the 10% target of stock sales promised on Twitter has been completed, that is, about 8.84 million of the 17 million shares planned to be sold remain to be sold, and the whole "reduction plan" needs to be maintained for a few weeks < p > there are different opinions on why musk sold shares in large amount. Some people suspect that he wants to convert some of his shares into cash and prepare for the exercise tax form generated by the expiration of a large number of options next year. Michael burry, who has closed the prototype of "big short" on Twitter account and publicly shorted Tesla last year, said musk wanted to repay a personal loan that mortgaged 88 million Tesla shares < p > of course, some people speculate that Musk's share sale beyond the actual tax demand this year is to fulfill the "forced donation war" under the United Nations - donating US $6 billion to help solve the problem of world hunger < p > Food Aid Department of the United Nations: the World Food Programme (WFP) issued a proposal to global billionaires including musk, the world's richest man, on Monday, specifically listing how to use US $6.6 billion to prevent 42 million people in 43 countries from famine next year. The plan includes $3.5 billion for food purchase and delivery and $2 billion for cash and food stamps, which can also support the local economy < p > this is a direct response to Musk's public "choking voice" on October 31. He once said that "money can be donated, but the condition is to let me know how the money is spent" < p > the activities organized by Bloomberg's new economic forum also gave the imagination of global food industry executives on "US $6 billion to end world hunger" < p > Werner Baumann, CEO of Bayer AG, the world's largest seed pesticide company and pharmaceutical giant, believes that $6 billion can be invested to reconcile the relationship between farmers' income growth and agricultural sustainable development, and establish a system to help farmers obtain rich income through sustainable agriculture on the basis of access to correct technology and data < p > David MacLennan, CEO of Cargill, one of the world's four largest grain traders, believes that investment in infrastructure is the key, because it will make food supply more effective from producers to consumers. Facilities that can better resist natural disasters are becoming more and more important, and natural disasters will become more common due to climate fluctuations < p > it was also pointed out that $6 billion could be invested to establish a financial institution and propose a new agricultural financing model in order to create the infrastructure needed for the above-mentioned changes "more realistically" < p > Tesla rose more than 1% in midday trading on Thursday, and its share price will rise for three consecutive days, and its share price will return to above the whole figure of $1100 < p > since musk started selling shares on November 8, Tesla has fallen by nearly 14% since Monday, breaking the intraday low of $978.60 since October 25 on Monday, down more than 21.3% from the record high set on November 4. It fell into a technical bear market, and its market value once fell below $1 trillion. Last week, Tesla fell about 15%, known as "the worst week in 20 months"


2023-03-22 10:04:47

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