SEC filing does not disclose name of charity while analysts say ‘tax benefit would be huge’
Tesla’s chief executive, Elon Musk, donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from 19 November to 29 November last year, its filing with the US Securities and Exchange Commission (SEC) showed on Monday.
The donation was worth $5.74bn, based on the closing prices of Tesla shares on the five days that he donated the stock. The filing did not disclose the name of the charity.
Continue reading…
SEC filing does not disclose name of charity while analysts say ‘tax benefit would be huge’
Tesla’s chief executive, Elon Musk, donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from 19 November to 29 November last year, its filing with the US Securities and Exchange Commission (SEC) showed on Monday.
The donation was worth $5.74bn, based on the closing prices of Tesla shares on the five days that he donated the stock. The filing did not disclose the name of the charity. Continue reading…Technology | The Guardian