The billionaire may face a tax bill of more than $10 billion for 2021 if he exercises all his options due to expire next year, calculations last week by Bloomberg News showed.
In a column, the FT's editor, Roula Khalaf, credited Musk for demonstrating that EVs could replace cars fueled by gasoline, and called him a revolutionary in the industry
Six more women have filed separate lawsuits against electric car-maker, Tesla, in the US for rampant sexually harassment at the workplace
Tesla CEO Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $906.5 million, US securities filings showed
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Tesla sells merchandise such as apparel, belt buckle, mini models of its vehicles, quad bike 'Cyberquad' for kids and 'Cyberwhistle' modeled after its much-awaited Cybertruck
Earlier this year, Musk noted that a Tesla factory in India might be possible if Tesla were to succeed with imported vehicles
From hosting SNL to dropping tweets on cryptos and meme stocks that have triggered massive movements in their value, Musk has dominated the headlines and amassed over 66 mn followers on Twitter
Elon Musk-run electric car maker Tesla has been hit by a second sexual harassment lawsuit in the US within a month
Musk has sold another 934,091 shares of the electric vehicle maker worth $963.2 million, US securities filings showed
Musk said during a conference call in January that he that he expects to be the CEO of Tesla for 'several years'.
Tesla was replacing front fender cameras in several hundred Model S, X and 3 vehicles due to faulty circuit boards inside but had not issued a recall
The automaker added the games in an over-the-air software update that was sent to most of its cars this summer
Elon Musk-owned electric car maker Tesla is reportedly replacing repeater cameras in the front fenders of at least several hundred Model S, X and 3 vehicles made in Fremont, California
Company is struggling to procure a raw material only available in China, for a battery cell that it's trying to develop in-house.
The probe raises regulatory pressure on the world's most valuable automaker, which already faces a federal safety probe into accidents involving its driver assistant systems
That leaves Musk's fortune at $268.9 billion
The purpose of the sales were to help Musk offset taxes
Tesla will continue to operate its electric vehicle factory in Fremont, California, and increase production there by 50 per cent
Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax obligations related to the exercise of options to buy 2.1 million shares.