Taxes aren’t the only reason Elon Musk is selling Tesla stock

• Taxes aren’t the only reason Elon Musk is selling Tesla stock
• Tesla CEO Elon Musk faces a potential tax bill of more than $10 billion on stock options he was granted in 2012.
• Musk started exercising the options Monday, exercising $2.5 billion in shares and selling $1.1 billion of those exercised options to pay the taxes.
• But he continued to sell additional stock, and it’s likely those sales were unrelated to the stock option exercises he must complete by August. This means future stock sales are likely.

https://www.cnbc.com/2021/11/16/taxes-arent-the-only-reason-elon-musk-is-selling-tesla-stock-.html