SpaceX and Tesla CEO Elon Musk, who came to the fore with his Dogecoin comments yesterday, sold another 930,091 shares of the electric car company, worth approximately $906.49 million, according to a file published at the US Securities and Exchange Commission (SEC) late Monday.
Elon Musk, who came to the agenda with Dogecoin comments, continues to sell Tesla shares
cryptocoin.com As we reported, yesterday, Elon Musk made comparisons between Bitcoin and Dogecoin in a statement to Time magazine. Musk said that Dogecoin is more convenient than Bitcoin in terms of transacting. According to Musk, BTC, which is the largest cryptocurrency by market value, has a low transaction volume while its cost per transaction is high. While it is a candidate to be a store of value, it is not a good substitute for transactions. He explains that while Dogecoin is “somewhat” inflationary, the meme coin’s percentage inflation actually decreases over time.
Yesterday, it was revealed that Elon Musk, who was chosen as the “person of the year” by Time and made the above statements about DOGE, sold some of his shares in Tesla. According to filings at the US regulatory agency SEC, Musk sold TSLA shares for $906.49 million. It also exercised the option to buy 2.13 million shares at the strike price of $6.24 per share, which was given to it through the 2012 compensation package. It is stated that this transaction took place within the 10b5-1 rule dated September 14. Musk also has options for next August.
Finally, the “will he buy bitcoin/altcoin?” pops up every time Musk sells his shares. questions seem to arise again.
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