The celebrity CEO’s “poll” this past weekend, was a total sham.

He is so thirsty.

The decision was made months ago, along with filing the paperwork.

Elon Musk

Elon Musk offloads another $690 million of Tesla stock after dumping $5 billion following Twitter poll

Elon Musk has sold another $690 million of Tesla stock, days after asking his Twitter followers whether he should sell 10% of his holding in the electric carmaker, filings showed on Friday.

Earlier in the week, Musk sold around $5 billion of Tesla stock in a series of sales. One of the tranches of sales was pre-planned and carried out in order to pay taxes on stock options.

On Friday, SEC filings showed that Musk had offloaded another 640,000 shares at prices ranging from $1,056 to $1,104 on Thursday.

The sales came just under a week after Musk posted a Twitter poll asking whether he should sell 10% of his Tesla stock. Almost 58% of respondents said he should.

Musk tweeted on November 6: “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this? He added: “I will abide by the results of this poll, whichever way it goes.”

However, Musk had previously said that he plans to sell stock before the end of the year, because he has a big block of stock options from 2012 that are set to expire. – Source


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