Musk Sells $1.1 Billion Tesla Stock to Meet Taxes

The video discusses Elon Musk's sale of Tesla shares to meet tax obligations related to stock options. It covers the facts of the transaction, including the number of shares sold and the price. The video also explores public opinion, as reflected in a Twitter poll, and speculates on Musk's future actions. Despite the sale, Tesla shares rose in after-hours trading, contrary to typical market behavior. The regulatory filing confirms the sale was to meet tax obligations.

What was the market reaction to the filing of Elon Musk's stock sale?

What does the regulatory filing state about the purpose of selling the shares?