Elon Musk Enters the Home Stretch of His Tesla Share Sales

CEO’s latest disposal brings total offloaded to $13.6 billion
He’s now three-quarters of the way through with 10% stake sale

Musk Named Time’s Person of the Year After Tesla’s Stellar Run

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By Cecile Vannucci

December 17, 2021 at 2:22 AM UTC

Updated on

December 17, 2021 at 10:31 AM UTC

This article is for subscribers only.

Elon Musk offloaded a second batch of Tesla Inc. shares in a matter of days and is now three-quarters of the way done selling 10% of his stake in the company.

Tesla’s chief executive officer got rid of 934,091 shares for more than $884 million, according to regulatory filings dated Thursday. The sales were to pay for taxes on the exercise of 2.2 million options.