Friday, June 12, 2026

US Securities and Exchange Commission documents show that Elon Musk sold more than 1.5 million US dollars worth of Tesla stock options, stocks


Founder and CEO of Tesla Inc Elon Musk US Securities and Exchange Commission documents show that he sold another $150 million in company stock options on Monday.

The deal was made after Musk quarreled with the senator for a day Bernie Sanders (I-Vt.) More than billionaires and others who pay a fair share of taxes like him.

Musk, the richest man in the world, reportedly worth $266.9 billion, responded to a tweet from Sanders on Sunday, mocking the age of the 80-year-old senator and telling him “[keeps] Forget you are alive. “

“Should I sell more stocks, Bernie? Just say it,” Musk added later.

I keep forgetting that you are still alive

-Elon Musk (@elonmusk) November 14, 2021

Although this tweet may seem ironic, Musk seems to be a man who must do what he said because he filed a document on Monday and sold it for $2.1 million. Tesla Stock options and more than 148,000 Tesla shares, with a total value of more than $150 million.

This is not the only transaction for the tycoon. According to Reuters, Musk sold more than $930 million in Tesla stock in the past week to meet withholding tax obligations.

According to reports, the tycoon sold a total of more than US$6.9 billion worth of shares in this startup company. In September, the electric car company became the sixth American brand worth more than $1 trillion.

Tesla CEO Elon Musk sold additional shares in his company after debating with Senator Bernie Sanders about billionaires paying a fair share of taxes. Here, you can see Musk at an event in December 2020.
Britta Pedersen-Pool / Getty

Musk was criticized for appearing to mock those who suggested that he sell additional shares in Tesla or pay more taxes, and for posting satirical posts about his huge wealth on social media.

He even voted on his 63.8 million votes Twitter Followers asked about the sale if they should sell his 10% stake in the company.

More than 3.5 million people responded to the survey, and nearly 60% of respondents agreed that Musk should sell shares.

This latest series of events is not the first time that Musk and Sanders have quarreled.

Sanders is considered one of the most progressive senators in the United States CongressFor a long time, Musk and the extremely wealthy refused to pay more taxes.

“We are at a moment in American history where two people…have more wealth than the bottom 40% of the people in this country. This level of greed and inequality is not only immoral, but Is unsustainable,” Sanders previously wrote on Twitter.

Sanders also took aim at another Musk’s own company, Space Exploration Technology Corporation, Recently launched the first civil space flight. The senator believes that when there are still serious inequalities on the earth, huge wealth should not be used for space tourism.

Musk countered that he was “accumulating resources to help make life multi-planetary and extend the light of consciousness to the stars.”

Even after selling as many company shares as possible, the South African-born Musk is still the richest man in the world, and he holds this title with a significant advantage.

Amazon founder and executive chairman Jeff BezosIs the second richest person in the world, reportedly worth 204.2 billion U.S. dollars. In the top three is Bernard Arnault, chairman of luxury goods group LVMH, who is reportedly sitting on $199 billion in assets.

Weekly newspaper The Sanders office has been contacted for comments.





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