Elon Musk donates almost $2bn of Tesla shares to charity

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Elon Musk Donation of Tesla shares; Tesla CEO Elon Musk says he donated $1.95 billion to charity last year. USD ($1.6 billion) of shares in its electric car maker.

11.6 million the stock offering has been identifiy as an eligible gift by US securities regulators.

Neither the donor nor the recipients were name in the file.

And on Wednesday, Mr. Musk said. That the end of the year would be a good time to find Twitter’s CEO job.

A filing with the US Securities. Exchange Commission show the donations were made between August and December of last year.

Tesla did not immediately respond to the AZ24 News request for comment.

This is not the first time Mr. Musk has donated Tesla shares to charity. According to regulatory documents, in 2021 it offered 5.74 billion USD shares.

Elon Musk Donation of Tesla shares; That year, he also announced on Twitter that he planned to donate $20 million. CEO of Twitter until 2023 the end

“I think the end of this year would be a good time to find someone else to run the company. Because I think it would be in a strong position later this year,” he said.

“I think I have to stabilize the sector and make sure it’s in a good place financially. That the logistics of things are well plann,” he said in a video at the World Government Summit in Dubai.

The multi-family billionaire entrepreneur bought the internet giant for $44 billion last year.

But some Tesla Investors have criticized him for spending so much time trying to replace Twitter.

Speaking at the G20 summit in Bali, Indonesia, in November, Musk said he was overwork as he juggle his responsibilities at Twitter, Tesla and his rocket company, SpaceX.

“My workload has increased dramatically recently,” Musk said. “I have a lot of work on my plate, that’s for sure,” he added.

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