(Reuters) -Tesla Inc Chief Executive Elon Musk has offered one other 934,091 shares of the electrical automobile maker worth $1.01 billion to satisfy his tax obligations associated to the train of choices to purchase 2.1 million shares, regulatory filings confirmed on Thursday.
In early November, the world’s richest individual tweeted that he would promote 10% of his inventory if customers of the social media platform permitted. A majority of them had agreed with the sale.
Since Nov. 8, Musk has exercised choices to purchase 10.7 million shares and offered 10.1 million shares for $10.9 billion.
Following a flurry of choices train, Musk nonetheless has an possibility to purchase about 10 million more shares at $6.24 every, which expires in August subsequent yr.
(Reporting by Maria Ponnezhath in Bengaluru and Hyun Joo Jin in San Francisco; Editing by Arun Koyyur)
