Elon Musk donates $5.5+ billion worth of Tesla (TSLA) shares

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Elon Musk donates $5.5+ billion worth of Tesla (TSLA) shares to charity

Fresh off selling nearly $20 billion in Tesla (TSLA) shares, CEO Elon Musk has divested himself of 5,044,000 shares of his company.

Instead of the proceeds going to help pay the largest tax bill in U.S. history, Musk has donated the shares to an unnamed charity.

According to a Form 5 filing with the U.S. Securities and Exchange Commission (SEC) published this afternoon, the shares were sold in varying amounts in mid to late November 2021.

https://driveteslacanada.ca/news/elon-musk-donates-5-5-billion-worth-of-tesla-tsla-shares-to-charity/