Musk Gave Out $5.7 Billion Worth of Tesla Shares to Unknown Charity

Musk Gave Out $5.7 Billion Worth of Tesla Shares to Unknown Charity
Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington on March 9, 2020. Susan Walsh, File/AP Photo
Naveen Athrappully
Updated:

Entrepreneur Elon Musk, the world’s richest man worth over $238 billion, donated millions of Tesla shares last year to a charity according to a U.S. Securities and Exchange Commission (SEC) filing.

Musk sold 5,044,000 Tesla shares between Nov. 19 and Nov. 29 last year according to the filing. These shares are estimated to have been worth around $5.74 billion at the time. The filing did not disclose the name of the charity which benefited from the donation.
Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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