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Elon Musk Donated $5.7B In Tesla Stock To Charity

Elon Musk Donated $5.7B In Tesla Stock To Charity

Newsy
Tuesday, February 15, 2022 06:42:33 PM UTC

The Tesla and SpaceX CEO donated roughly five million shares of company stock to an unidentified charity last November.

Tesla CEO Elon Musk donated about five million shares of company stock worth roughly $5.7 billion to an unidentified charity in November, according to a regulatory filing. If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it. Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.

Related StoryElon Musk Says He's Paying More Than $11 Billion In Taxes This Year

The shares were donated from Nov. 19 to Nov. 29, the filing with the U.S. Securities and Exchange Commission said.

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