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Elon Musk: He continues to sell his shares in Tesla and jokes that he will resign

Tesla CEO Elon Musk has combined another announcement that he continues to sell his shares in Tesla, with a joke that he will resign from his job to become an influencer.

According to Bloomberg, Musk “got rid” of shares worth 963 million dollars, exercising 2.2 million options, according to yesterday’s disclosures to the stock market authorities.

The total value of the shares that Musk has sold so far amounts to 11.8 billion dollars, over a period of 5 weeks.

The richest man in the world, a few hours after the announcements were posted, tweeted to his 66 million followers that he had found a new calling and that he was considering resigning to become a full-time influencer and asked them what they thought of the idea. This announcement was followed by several responses with smiling emojis.

It should be noted that the company’s shareholders do not always appreciate Elon Musk’s humorous tweets. Tesla shares plunged after jokingly announcing in April 2018 that the company had gone bankrupt.

Later that year, the U.S. Securities and Exchange Commission sued him for tweets about the $ 420 privatization of Tesla, a number linked to the marijuana culture.

Tesla fell 2% to $ 983.90 before the start of normal trading on Friday. The stock has fallen 18% since its peak on November 4, as Musk began selling his shares.

It is recalled that in his Tweet last month, he stated that he would comply with a poll he conducted on whether he should sell 10% of his stake in Tesla. It has since sold more than 11 million shares.

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Source From: Capital

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