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Elon Musk Donates Tesla Shares Worth Over $101 Million To Charity

Benzinga LogoBenzinga6d ago

Elon Musk Donates Tesla Shares Worth Over $101 Million To Charity - Benzinga

Quick Summary:

What Happened: According to the filing, Musk gave the shares to “certain charities” as part of his “year-end tax planning.” The filing did not name the charities but said they “have no current intention to sell such stock.”

Following the transaction, Musk still owns 410.794 million shares of the ...

Billionaire CEO Elon Musk donated 268,000 Tesla Inc.(NASDAQ:TSLA) shares to charity before the onset of 2025, as per a regulatory filing dated Dec.31.


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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-03 @ 10:54:05 (6 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 265 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24847329

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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