Musk Exercises Tesla Stock Options on June 16, Bags $116B Gain; Holdings Rise to 19.9%
According to SEC filings, Elon Musk exercised 304 million Tesla stock options on June 16 at the adjusted strike price of $23.34 per share. With Tesla's closing price at $404.66 on that day, the paper gain from the single transaction reached approximately $116 billion. After net settlement, Musk
TSLA0.65%
GateNews·06-22 07:10
