{"id":24212,"date":"2021-11-13T10:28:40","date_gmt":"2021-11-13T10:28:40","guid":{"rendered":"https:\/\/www.ukrgate.com\/eng\/?p=24212"},"modified":"2021-11-13T10:28:55","modified_gmt":"2021-11-13T10:28:55","slug":"musk-sold-tesla-stock-for-nearly-7-billion-in-a-week","status":"publish","type":"post","link":"https:\/\/www.ukrgate.com\/eng\/?p=24212","title":{"rendered":"Musk sold Tesla stock for nearly $7 billion in a week"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Kyiv.Ukraine.Ukraine Gate \u2013 November \u00a013,2021- Tesla CEO Elon Musk sold $6.9 billion worth of stock this week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to documents filed with the US Securities and Exchange Commission, Musk sold 1.2 million shares, valued at more than $1.2 billion, on Friday alone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In total, he has already sold 6.36 million shares this week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mask now needs to sell another 10 million shares of Tesla stock to make good on its promise to sell 10% of the automaker.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tesla&#8217;s stock price closed its weekly trading on Friday, down 2.8% to $1,033.42 after an 11-week high.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Elon Musk also asked Twitter users whether he should sell 10% of his Tesla stock, saying he would follow the survey results.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over 3.5 million users voted, and nearly 58% supported the sale. The market&#8217;s reaction was to lower the price of Tesla&#8217;s stock. According to Bloomberg, because of this, Musk lost more wealth than Amazon founder Jeff Bezos &#8211; in a divorce from his wife.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kyiv.Ukraine.Ukraine Gate \u2013 November \u00a013,2021- Tesla CEO Elon Musk sold $6.9 billion worth of stock this week. According to documents filed with the US Securities and Exchange Commission, Musk sold 1.2 million shares, valued at more than $1.2 billion, on Friday alone. In total, he has already sold 6.36 million shares this week. Mask now [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":24213,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[4554,910,996,1000],"class_list":["post-24212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ukraine-news","tag-elon-musk","tag-tesla","tag-ukraine","tag-ukraine-news"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/24212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24212"}],"version-history":[{"count":1,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/24212\/revisions"}],"predecessor-version":[{"id":24214,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/24212\/revisions\/24214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/media\/24213"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}