Elon Musk has completed three-quarters of its total sales target by selling an additional $528 million in Tesla stock.
Elon Musk sold another 583,611 Tesla shares for $528 million. Tesla CEO Musk has been selling shares since a November poll in which he asked Twitter followers whether he should sell 10 percent of his stake in the company.
In his previous statement, Musk noted that he would use a significant portion of the options towards the end of the year and prepared a trading plan in this regard. As the statements made to the regulatory agency show, the billionaire businessperson has so far sold around 13.5 million shares for approximately $14.1 billion.
Tesla stock tumbled 24 percent after peaking on Nov.
Musk, the richest person in the world, has a fortune of $ 244.9 billion. Musk announced on Sunday that he will pay more than $11 billion in taxes this year.