StockWatch: Musk to Sell 10% Stake in Tesla!

0 296

Elon Musk said that he would let Twitter users decide if he should sell 10% of the shares he holds in Tesla. And the public responded with a resounding ’yes’.

He added that he will follow the poll’s result whichever way it goes, but he has not yet announced what he will do next.

Musk receives no salary from Tesla, and his 10% sales of stock would be valued at $20.8bn.

As of Sunday, Musk is the richest man on Earth with a total net worth of $338bn.

Timestamps:

  • TSLA 01:40
  • TWTR 03:00

Trade over 200 of the hottest stock CFDs with spreads starting from 0.0 pips - Open your Orbex account today!

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.