Monday, September 15, 2025

Elon Musk Closes Out Week With Further Stock Sales, Bringing Total To $6.9 Billion

In a move surprising absolutely no one, Elon Musk on Friday continued his trend for the week in selling off his stake in the company he likes to claim he founded. For the fifth straight day in a row, Musk sold off shares held in that of Tesla (NASDAQ: TSLA).

On Friday, Musk sold off an additional 1.2 million shares of the company that he held within his personal trust. The shares were sold at prices between $1,020.53 and $1,044.75. In total, he collected an additional $1,235,607,328.52 in gross proceeds from the sale.

With the addition of Friday’s transactions to the mix, it brings the weeks total to 6,361,875 shares sold, with prices ranging from as low as $1,000 per share to as high as $1,196.24. Gross proceeds meanwhile have amounted to an eye-popping $6,906,015,207.93.

Perhaps more significantly, the shares sold all came from his personal trust, save for the shares sold on Monday, which came from his personal holdings. Monday’s sale reflected certain options that are expiring in August of next year, and with all following share sales coming from his trust, suggests that more selling can be expected in the near term.

Tesla last traded at $1,033.42 on the Nasdaq.


Information for this briefing was found via Edgar. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. Elon does not ever say that he founded the company; further he is not selling because he is greedy and wants to take cash, he is selling because tax rates on capital gains will be skyrocketing next year.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Tesla Halts Cybertruck Production Line for Three Days

Tesla Inc (Nasdaq: TSLA) has temporarily suspended Cybertruck production at its Austin factory from December...

Wednesday, December 4, 2024, 07:44:02 AM

Daimler Invests $85 Billion Towards Electrification in Bid to Catch up with Tesla

Daimler, which is the parent company of Mercedes Benz, recently announced it plans to invest...

Sunday, December 6, 2020, 03:33:00 PM

Elon Musk Bungles DeSantis Announcement and Then Calls It “Top Story on Earth”

Florida Governor Ron DeSantis’ much-anticipated announcement of his 2024 presidential campaign proved to be more...

Thursday, May 25, 2023, 10:49:00 AM

Elon Musk Starts Week Off With $930.7 Million In Tesla Stock Sales

A trend is developing in the stock sales of Tesla (NASDAQ: TSLA) CEO Elon Musk....

Tuesday, November 16, 2021, 08:08:11 AM

Twitter Board Aims To Force Elon Musk Back To The Takeover Deal: “We Are Confident”

After Tesla CEO Elon Musk reneged from his much-talked about proposed Twitter (NYSE: TWTR) takeover,...

Monday, July 11, 2022, 10:40:00 AM