According to Tesla’s FORM 4 form submitted to the US Securities and Exchange Commission on Thursday, Tesla CEO Elon Musk once again exercised 2165241 on December 9, local time. This option was purchased at $6.24 per share, and 93,4091 shares of it were sold to pay the corresponding taxes.
Due to gossip, Tesla closed at $1003.80 yesterday, which is still falling after the market. Based on this calculation, the value of 93,4091 Tesla shares is approximately US$937,640,054, or US$938 million. Since November 8, Musk has sold approximately 11 million shares. Musk currently holds 170 million shares of Tesla. According to his announced plan to sell 10% of the shares, he needs to sell about 17 million shares.