Elon Musk’s brother sells Tesla shares, find out how many shares were earned

Elon Musk is currently the world’s richest man. Shares of his company Tesla rose nearly 750% in 2020. Which greatly increased his wealth.

Elon Musk

Elon Musk is currently the world’s richest man. Shares of his company Tesla rose nearly 750% in 2020. Which greatly increased his wealth. Elon Musk is in discussion every day due to someone’s incident. But today his brother Kimble Musk has come into the limelight. His brother Kimble Musk has reportedly sold his stake in Tesla. He sold 30,000 shares of the company. For which he has received an amount of $ 25.6 million (about 190 crore rupees). Kimble Musk, 48, is also on the board of Tesla Inc. This information was provided by the company to the US Securities Exchange Commission.

Following this news, Tesla’s stock price is seen to decline today. At 6.30 pm on the NASDAQ, Tesla’s stock was down 5.30% and was trading at 80 805. Kimble Musk’s shares sold 85 852. It now owns 5,99,740 shares after the deal. Which currently costs around 3 483 million. Tesla’s stock has gained 14 percent so far this year.

Kimbal musk

1.5 billion investment in bitcoin

Tesla has recently invested heavily in cryptocurrency. Which has been under discussion ever since. Tesla Inc. recently told the Securities and Exchange Commission that it has invested 1.5 billion in bitcoin. The company also said that it will also take payments in cryptocurrency in the coming days.

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