Factbox-Tesla's Musk sells shares worth more than $15 billion

·2-min read
FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk \

By Hyunjoo Jin

(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold $15.4 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.

The billionaire sold another 934,091 shares for $928.6 million on Wednesday to pay for taxes on the exercise of his stock options, according to U.S. securities filings.

Here is a string of transactions he has done:

DATE SHARES ACQUIRED SHARES SOLD GROSS PROCEEDS

NOV. 8 2.2 mln

NOV. 8 934,091 $1.10 bln

NOV. 9 3.1 mln $3.35 bln

NOV. 10 500,000 $527.3 mln

NOV. 11 639,737 $687.3 mln

NOV. 12 1.2 mln $1.24 bln

NOV. 15 2.1 mln

NOV. 15 934,091 $930.7 mln

NOV. 16 2.1 mln

NOV. 16 934,091 $973.4 mln

NOV. 23 2.2 mln

934,091 $1.05 bln

DEC. 2 2.1 mln

934,091 $1.01 bln

Dec.9 2.2 mln

934,091 $963.2 mln

Dec.13 2.1 mln

934,091 $906.5 mln

Dec.16 2.2 mln

934,091 $884.1 mln

Dec.21 2.09 mln

934,091 $853.7 mln

Dec. 22 2.11 mln 934,091 $928.6 mln

Total 21.3 mln 14.77 mln $15.4 bln

HOW DID MUSK SELL?

Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed.

The latest transaction brings the total number of shares he has offloaded to 14.77 million.

(Reporting by Hyunjoo Jin in San Franscisco and Subrat Patnaik, Akash Sriram, Ann Maria Shibu and Juby Babu in Bengaluru; Editing by Sriraj Kalluvila and Matthew Lewis)

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