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Elon Musk says he’s ‘sold enough’ Tesla stock, complains about taxes

But the electric vehicle pioneer actually increased his stake in the company after exercising stock options

Wednesday 22 December 2021 at 11:01

Elon Musk said on 21 December that he has met his goal of selling 10% of his stake in Tesla and criticised California for “overtaxation”.

In a nearly hourlong podcast interview with the satirical website the Babylon Bee, the Tesla CEO said: “I sold enough stock to get to around 10% plus the option-exercise stuff, and I tried to be extremely literal here.”