Elon Musk gives about $5.7 billion in Tesla stock to charity
2 years, 10 months ago

Elon Musk gives about $5.7 billion in Tesla stock to charity

Associated Press  

DETROIT — Tesla CEO Elon Musk donated about 5 million shares of company stock worth roughly $5.7 billion to an unidentified charity in November, according to a regulatory filing. In late October, Musk, the world’s richest man, tweeted that he would sell $6 billion in Tesla stock and give the money to the United Nations World Food Program if the organization would describe how the money would solve world hunger. In a separate filing, Musk reported that as of Dec. 31 he holds 231.7 million shares of the electric vehicle and solar panel maker’s stock, or 21.2% of the company’s total value. The amount includes 172.6 million shares held by Musk’s trust and options to buy another 59.1 million shares within 60 days of Dec. 31, 2021.

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