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SHARE IN FOCUS: Tesla rise towards $ 1,000 – Musk statements

Wednesday, 12/22/2021 4:49 PM from

dpa-AFX

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A Tesla charging station: E-cars are charged here. pexels.com

NEW YORK (dpa-AFX) – The papers from Tesla have expanded their previous day’s profit in the middle of the week and, with a plus of more than five percent, took course again towards the round mark of 1000 dollars (dollar exchange rate).

CEO Elon Musk once again sold his own shares in the electric car manufacturer, according to a mandatory notification to the US Securities and Exchange Commission. Accordingly, Musk sold more than 583,600 Tesla shares for 528 million US dollars. He has now cashed around 13.5 million Tesla shares.

At the beginning of November, Musk had voted on Twitter whether he should part with a tenth of his Tesla stake in order to pay more taxes. The majority of Twitter users answered “yes”. As a result, Musk’s stock sales put the price under constant pressure. In order to fully meet the commitment, around 3.5 million shares are missing, from which the Tesla boss has yet to part.

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