Feb 15, 2023

Musk donated around $1.95 billion in Tesla shares last year

Posted by in categories: Elon Musk, sustainability, transportation

Feb 14 (Reuters) — Tesla chief executive Elon Musk donated shares worth $1.95 billion in the world’s most valuable automaker to charity last year, a filing with the U.S. Securities and Exchange Commission (SEC) showed on Tuesday.

Musk donated about 11.6 million shares between August and December last year, according to the filing, which did not say which organization or organizations were the recipients.

The world’s second-richest person now owns around 13% of Tesla.

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