Musk Sells $1.1 Billion Tesla Stock to Meet Taxes

Video News
Tesla Inc. CEO Elon Musk sold more than $1 billion worth of shares shortly after holding a poll on Twitter asking followers whether he should do so. But the filing says the sales purpose was only to meet tax obligations. Bloomberg’s Ed Ludlow reports on “Bloomberg Daybreak: Asia.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:
https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here:

Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology
Connect with us on…
Twitter: https://twitter.com/technology
Facebook: https://www.facebook.com/BloombergTechnology
Instagram: https://www.instagram.com/bloombergbusiness/