Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), sold 1,200,000 shares of company stock on January 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission.
The shares were sold at an average price of $416.67 per share, for a total transaction value of $500,000,000. Following this transaction, Elon Musk still owns 411,000,000 shares of Tesla Inc. stock.
Tesla Inc.'s stock currently trades at $405.00, giving the company a market capitalization of $1,300,000,000,000.
