Elon Musk sells another 22 million Tesla shares for $3.6 billion | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Elon Musk just sold another 22 million shares of Tesla, raising $3.6 billion.

Musk sold the shares on Monday, Tuesday and Wednesday this week. The sales were disclosed in an SEC filing late Wednesday. Musk did not disclose the reason for the sales in the filing. They’re his first sales of Tesla stock since early November, when he sold 19.5 million shares shortly after closing on his purchase of Twitter. Before Musk first started his efforts to buy Twitter, he rarely sold Tesla shares.

” Musk’s sales this week represent just less than 5% of the Tesla shares he held outright. Even with these latest sales he owns 423.6 million shares of Tesla through a trust he controls, worth about $69 billion based on the average sale price he received this week, and he has options to buy nearly 279 million more shares, worth nearly $39 billion after the paying the exercise price. He’s likely to get even more options early next year after Tesla’s upcoming financial results are reported.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

elonmusk : buy CNN

Timely reading 'SuperChargeMe - Net Zero Faster' Tesla

I wouldn't trust anything they said

elonmusk SEC have managed to shut you up

elonmusk I believe this is an attack on Elon.

Blah. Dull. Meaningless. Pointless. Yawn. Childishness. Juvenile. Typical. CNN is focused on stupidity and foolishness, not news. Tragic. Pathetic.

Stock prices have nothing to do with real value. They are 90% hysteria.

By all means, let’s not even talk about the fundamentals of the stock performance. We need to concentrate on the important stuff like your political spin.

I hope it goes to $ .001

How does anybody watch these lying clowns and take it seriously

Still not fallen as much as CNN.

elonmusk it would be so cool if when the cars drive releasing energy it recycles the energy released to recharge the cars as they drive to. Would reduce the amount of time people would have to charge there cars. Making them more value with turbines as the wheels turn.

Ya so has all the other stocks too

Getting in bath gets you wet. Stated tuned to CNN for more headlines

How is this important?

November was also the insane surge when Tom Brady did the Hertz commercial featuring Tesla and also the all time high. Not exactly a fair benchmark.

not as bad as CNNs ratings…

Cnn stinks

Corp greed is causing a lot to tank, raised prices high since everyone blames Biden. Mid class is the consumer class all $ goes to gas, food and insurance now. But yeah, he ruined his brand but was it intentional? The people he targeted were his only customers🤔 Riches2Ditches

Time to buy

Of course CNN with their free and fair coverage , A political and astutely correct reporting and they would gloat over this… of course cause that’s how they role and is of such National importance it deserves this amount coverage… bunch of losers!

He’s sooooo excited. Happy that Tesla stock has fallen. Geez 🙄

That’s because Elon Musk has sold about $40 billion dollars worth of Tesla stock over the last year he’s selling it for about 100 times what he paid for it When you criticize him about that it makes you look like a complete fool at least it would if people understood

Free speech my 💩💩💩. Tweeter is now a dictatorship. Another trumpy dumpy.

Meantime, CNN is in the midst of an implosion. The presenter today has a job, tomorrow will be fired. No job safe at CNN. Don’t worry about Tesla; be very very very worried about CNN existing.

CNN is down from 14 views to less than 10

Now do Disney

Literally, saying this while CNN is losing their ass. RICH! 😂

Musk is a tool

Let’s talk about CNN tanking, since you want to talk about tanking

Time to buy more Tesla shares 🤑🤑🤑

Time to buy.

Also typical or propagandist like cnn but how are other companies doing?

How far has CNN stock fallen? Let's talk about that.

be fore i would buy a tesla, i'd buy an old broke down american car!

Sounds like a good time to buy stock in Tesla

Pathetic fake mews, praying something bad happens to Musk for unmasking the corruption of Democrats.

Still on the air? Surprised.

Most of you complaign people get rich in the karket and yet fail to realize how big of an investing opportunity this is... BUY BUY BUY hahaha. So many will be left behind...

General Motors 1 year a company making cars with real motors only down 34.46%

I love it CNN you'll do anything to discredit anybody who doesn't I agree with your agenda you're a hate monger and you're awoke piece of crap

So has everything else

GOOD

DELORIAN

Good. Now move on to something people care about.

The Woke are cancelling themselves. Lmao..

My 401k has also fallen thanks to Biden economics

Awww, y'all mad at elonmusk ? When you upset the 'deep state' they try everything to demonize and belittle you. The beauty is, WE SEE IT now!!

All stocks have dropped since November 2021, which is where it topped before crashing. Everything was over bought because of the free money gov/feds pumped into the market. Others dropped because they sucked, Tesla because of the Twitter buy and money moves he had to make. ESAD!

buy it while its low. We all know its going to the moon. Once the media finds some Other BS to harp on.

But they're selling cars in record numbers. We love how CNN wants to paint Tesla as a failing company

CNN liberal has such an erection over this story he can’t hardly contain himself.

So has Meta

Do people still tune in to CNN😂😂

This isn’t news. Anyone with astock portfolio can tell you that the market is sucking.

Meanwhile CNN’s credibility has plummeted to zero percent

Is the more important things to report on. This constant bla blah is really getting old. Can you not write anything else?

Then now is the time to buy it up... 🥰🥰🥰🥰🥰

I thought Canadian MSM was bad. This is pathetic. All of it. CNN, Fox, NBC, etc. It's like watching a parody.

Wow CNN ATTACKING ELON EVERY HOUR ON THE HOUR.

Tesla Prices though remain the same bobo

All stocks have!

Wow! Wish I had some money to buy some! What a deal!

Nothing on THE BIDEN CRIME FAMILY? AMAZING

Amazing. Out of all the stocks that are falling due to the inflation. They are going after Tesla. The mob is not a happy camper with Elon bringing back Twitter where both sides can express their opinions. The mob only wants their voice heard.

How's the stock market and crypto doing News that matters,how about the left?

Good maths

Can’t wait to see this video replay when TSLA hits $500 a share.🤣

How is his SpaceX doing ? 🤔

Tesla has the fundamentals to survive the the government induced economic downturn. CNN does not.

Please show me one person that doesn’t know the stock will hit record highs again and that this buying opportunity is the best Christmas gift ever.

Is CNN a real source of news?

Fake news on the verge of collaspe

Liars CNN

When someone (company) makes a purchase of that amount well any amount for a time the stock almost ALWAYS goes down during ‘house cleaning’Hello Derfus 🙄! Where you in Econ 101?

Have you seen any car company stock doing particularly well?

Now do the other car manufacturing companies.

luv the way you gloat.

After you loss to joerogan now elonmusk is in you're crosshairs lol

I’d buy one if, I wasn’t paying out the nose for everything else due to Biden’s inflation

Chinese demographics

I’m gonna buy now while you guys are trying to trash it

Why is cnn still around ?

Buy it

Yeah, and every other tech company. Gaslighting

If you don't buy now, you will be sorry.

It was always over priced.

CNN AND MSBS SHOULD BE PROSECUTED FOR ELECTION INTERFERENCE.

People have to buy Christmas presents then they buy their cars duhhhhh.

Yall are misleading people , look at the charts, the technicals, the timing, etc. The pullback has very little to do with Elon buying Twitter.

How is Carvana stock doing?

The & Family had me laughing 😂 it should be Elon Musk and family too

It is no longer ORANGE MAN BAD. Behold! it is now ROCKET MAN BAD.

Virtually all stock has called 60% since then. The choice to target this stock is telling 😂

Doesn't mean much when they are still worth more than you.

And they will rise

Time to buy

Wow, you guys aren't bankrupt yet?

CNN out here trying so hard to find reasons to talk about elonmusk ....... you think he gives a fuck? He owns a slave exploration company an electric car company and the biggest social media platform in the world....... he's having fun......

Weren’t you leaving twitter?

Car sales are slowing because of inflationary pressures and interest rates as the country heads into a recession. It’s not uncommon for automakers stocks to fall in these times especially ones that have so much value. Elon Musk is far from suffering

What's Hunter up to ? How much FTX money did The Big Guy and other Dems get? You report the same things everyday. People want to hear about Hunter.

Have you checked out Facebook stocks

Sold my Tesla . Musk is not normal

CNN stock is down 93%. What's your point.

So that’s DNC marching orders for today?

The ‘media’ are trying to drive Tesla stock down. The media can influence the market and they are trying their hardest to bring down his stock and then…reporting on what they are doing to bring it down further.

I think it’s more important to highlight the fact that electric cars have neither been, nor will they ever be the future.

Time to buy some tesla stock. Thanks CNN!

It's fallen because the Biden administration handling of the US economy...and all stocks have fallen big time just look at Facebook.

If you are reporting on it. I don’t trust it.

Ha ha ha do you think elonmusk cares? He owns his own platform now it cost him a pretty penny 💭

Love to see it!

And we believe CNN why?

Don’t worry - Elon knows what he’s doing

get ready for Tesla to explode. Buy in now. Thank me later. elonmusk let’s gooooooo.

It would be selling for even less if not for government subsidies it receives. End the subsidies!

why single out tesla? basically every single risk-on asset has done the same

I don't think cnn are so popular themselves since Trump got cheated out of the election

Now do CNN ratings...

They won't tell you Meta Amazon has suffered a worse fate than Tesla . All these attacks cuz ElonMusk released TwitterFiles & now we know those who are threatening FreeSpeech and democracy are DNC MSM BigTech FBI DOJ MSNBC abcnews CBSNews FoxNews

How are you still in business?

Clinton news network how low has ur stock gone and ur audience dropped u lying crooked baby killing skunks 🦨🦨🦨🦨🦨🦨🦨🦨🦨🦨🦨🦨🦨

You gonna announce the other stock drops too? no ofc not, doesnt fit your lefty bullsh!t narrative. Fake news.

CNN the cover up arm of government corruption at the highest level in history

All stocks fall hard at the end of the year it’s buy time and when elonmusk block you don’t start crying 😭

This shows how important free speech is, and that elonmusk is willing to take such a huge hit to bring it about. He could bring Tesla back up quickly by resetting Twitter to the way it was.

That’s great maybe now we can do away with EVs completely

Musk will be buying back over $20 Billion in stock. The stock is a steal right now.

Like your viewership!

cnn are the lossers.

Gotta buy more while it is on sale

Probably be a good time to buy, although you fail to mention that the market as a whole is going down which tempers the buy signal for Tesla.

The market is down as whole since then!

I know CNN isn't talking about losing money 🤣🤣🤣🤣 CNN+ 😆😆😆

do you know wbd (parent of CNN) is down 60% since April 2022. Sincerely shareholders.

Looks like a good buying opportunity.

I think you guys are giddy? WTH?

How much has your audience dropped since you started to be fake news?

The narrative is crystal clear now thanks to Elon. The truth scares the dishonest and y’all are acting scared AF. 🤔

Good time to buy!

How's CNN+ doing

Buy It.. Baby$$$$$$$$

*****FACT***** CNN has lost more viewers than ALL other News outlets combined.

CNN viewership has fallen even more so don't panic.

Thats like half as fast as CNN lying ratings

As well as most others. Biden’s economic experience.

Every investor's stock has fallen due to the Biden administration lack of intelligence, etc. THE WORST PRESIDENT and administration in the history of the Country

Yeah, and that’s a good performance compared to other stocks - financial markets obviously don’t like Libonomics 👍🏼

Almost as fast as the great CNN+ dropped?!

How’s cnn stock doing?

Business tends to dry up when you insult a huge percentage of your customer base

That’s similar to a lot of stocks. We are in a recession thanks to Biden.

Let’s see the CNN graph viewership over the past four years. That will be a dumpster fire. I’m surprised these people weren’t let go mid segment.

Tell us about CNN+?

And The US Economy has dropped even FURTHER!! You hacks are such a waste of space.

Why isolate one company? 'Meanwhile, the combined year-to-date market value losses of mega-cap tech giants Apple, Alphabet, Amazon, and Microsoft have erased nearly $3 trillion in market value.' - Market Insider

And no one watches the communist news network.

Wonder why…all you liberals trying desperately to sink the stock because he hurt your whittle feelings

What happened to CNN become more 'neutral' in their news coverage? This isn't unique to Tesla, and nothing to do with Twitter.

Anybody still unironically watching really has a serious fuckin problem... Returns since 12/16/2021: Microsoft: -27% Apple: -25% Google: -38% GM: -39% Ford: -41% Nvidia: -47% AMD: -55% Intel: -47% $TSLA -55% Netflix: -51% The whole damn market is on fire..

Imagine having only 1000 likes for a propaganda outlet for the left. Says a lot. Arent there like over 160 million who voted on the left in America. So sad for CNN.

Nice so it is time to buy.

nearly as bad as CNN viewership drop

Bla Bla Bla FakenewsCNN , its the HarvardHBS model tank the economy get a fed bailout because the stock market is overheated an washed with cheap money whaaat ShareThis .

I’m sure it’s all 100% because he has “shifted his focus” to Twitter. Tesla can’t make cars without Elon there to turn wrenches? lol, you guys are ridiculous…

Predictable, as their CEO slowly devolves into madness. Sell!

Now do CNN..

Now do all the others in the sectors they compete in to show context

Meanwhile, stock is now a penny's worth. Just amazing how bad this third-world Pravda outlet has become.

so the same as many, many other listed public companies then? lol enjoy your mass layoffs cnnplus

CNN viewers dropped 52 percent since 2020

I think a comparison to Meta and Zuckerberg or any other mega-cap American company would have been a more appropriate comparison. I am surprised you are able to report on the market with your profound bias to anyone that doesn't fit your narrative.

elonmusk should sue you for trying to tank his company.

So, what! when it hits 12.50 buy it and Elon will go back in and juice it back up to 2,000-win win.

how much have other stocks fallen in the same time frame? And, why nov 4?

If it keeps up it might become as bad as CNN, NYT & WAPOs current financial situations.

MORE cnn BS!

Isn’t CNN in bad shape because of ratings?

Isn't this bad, though? We need EV's to fix the future. Elon needs go back to saving the world, not being cool.

No news

Everything is falling. Everyone is suffering. How are your ratings

It will come back. No worries...

Most stocks have fallen since Biden took office

So what’s your point! Every one have lousy stocks this year & next year! Inflation is hurting everybody not only Tesla!

worst news organization in history

Nobody cares!

There trying to destroy Elon Mudk fir taking Twitter away from them and going private. Whars interesting is the fact that they don't report on all the companies who are struggling but they're laser focus on Elon Musk, makes you wonder why. Oh wait, he has exposed the Left.

Tesla is not alone, people are losing their portfolios across board. That's Biden's economy, not a referendum on Tesla or Elon Musk.

Elon is CNN’s new Trump . Stop being sheep people and think for yourselves

And yet, the company production, profits, and innovation continues to climb. This is a golden opportunity to buy in.

So what CNN!

Excellent, now is the time to buy!

How’s your day viewership? 🤣😂🤣😂🤣

Who knew that's the only stock that's dropping.🤔

It's cheap, buy now

Cnn veiwership also ↘️

Check Ford…Disney…others.

Strong buy

Now let's talk about CNN and Disney, lol

I wonder why Tesla is the only down stock they are talking about? Disney is down over 40% Meta is down almost 65% Amazon down just under 50% Tesla down just under 55%

That’s why you’re not on Twitter anymore because you’re lying. And so far is Twitter there’s more people on Twitter now than ever before. Hire some journalist, not opinionlist

Giddy giddy CNN, how stupid

It will continue to plummet. It should be valued as an automaker, not a tech bro grift. Auto making is a low margin business with rising costs. Especially with high interest rates and a toxic incompetent CEO, they are in real trouble.

Thanks… good time to buy then.

Who cares. So has a lot of stock. How bout reporting real news

After letting go of a few leftist anchors CNN continues to prove its still a trash network.

My 401k is down 30% thanks to bidens energy policies

Musk became Hero of Free Speech und Democracy...

Giddy gestures guy supervised by girl on CNN live program, no sound needed.

The new trump? Rent free in the mind's of CNN and Dem's. Hahaha

No worries he's living his best life.

Nice hit piece all because your fake journalists and fake news organization is being exposed for the propaganda machine they are

In Last one year data , almost every single company has had big fall , so what r u trying to say here

First it was Trump, Now it’s Elon

Great to hear that.. and long May it continue

Fake news. The fakest media ever.

How is CNN doing? Just curious.

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

That’s the difference between a multi Billionaire who wants world domination and one who uses his wealth to save the planet and the people on it.

👊🤘

all while posting tweets urging people to buy stocks

Wonder if he is going to put that money towards Vines, as US lawmakers consider banning TikTok?

Viajar a Marte sale muy caro.

Who is the value investor buying at this stupid price .

🤔

He's going to have a make a decision to chopping the arm off to save the body (Selling Tesla to keep Twitter operational) at some point. But even then, that won't inspire investors with confidence.

Maybe he should sell Twitter back to the Democrats and make billions more.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines