He also had lunch with Bernard Arnault, the head of luxury goods giant LVMH, and two of his sons, Antoine and Alexandre, according to a source familiar with the matter. AFP via Getty Images French officials are hoping to convince Musk to pick France for the construction of his next European Tesla gigafactory. Tesla CEO Elon Musk speaks at the VivaTech conference in Paris on Friday. He still holds more than 166 million shares. French officials are hoping to convince Musk to pick France for the construction of his next Tesla gigafactory in Europe. Tesla CEO Elon Musk sold nearly 5 billion in Tesla stock, according to financial filings out Wednesday evening. The electric car manufacturer says that what it calls “Full Self-Driving” software does not make its vehicle autonomous and requires driver supervision.Įarlier on Friday, Musk met French President Emmanuel Macron for the second time in just over a month. “That’s really, I think, the main driver of our value.” “The value of the company is primarily on the basis of autonomy,” Musk told the Paris event. “Although I’ve said this before, I think we will solve autonomy soon,” the billionaire told the VivaTech conference. Rivian Automotive Inc 15.47 RIVN3.97 Lucid Group Inc 6.34 LCID2.24 Exxon Mobil Corp 102.71 XOM2.37 ProShares UltraPro QQQ 39.93 TQQQ2. The world’s most valuable automaker, Tesla has a market capitalization of around $800 billion, but for years has missed Musk’s targets to achieve full self-driving capability. The company’s shares rose nearly 2% to $260.54, their highest level in more than eight months. Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on Friday, adding autonomy was the “main driver” of the brand’s market value. Zuckerberg, Musk have been ripping each other for years behind closed doors as billionaires talk possible ‘cage match’ Titanic sub Snopes fail on Elon Musk shows ‘fact checks’ = lefty bull Some 3,519,252 people responded, and 57.9% of them voted for "Yes.Why US billionaires like Elon Musk, Bill Gates chase China’s President XiĪndrew Tate offers Elon Musk kickboxing training ahead of ‘cage fight’ against Mark Zuckerberg: ‘You will not lose’ The CEO gave people the option to vote "Yes" or "No" and pledged to abide by the results of the poll, whichever way it went. In a Twitter poll, Musk said: "Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. 6, Musk asked his 62.5 million Twitter followers to determine the future of a chunk of his Tesla holdings. it is important to avoid an emergency sale of Tesla stock, he tweeted. Some of the shares were sold in part to satisfy tax obligations related to an exercise of stock options. Elon Musk, Tesla CEO, has sold 19.5 million of his Tesla shares Photograph: Patrick Pleul/AP. 10 and another $1.9 billion he sold on Nov. Last month, Musk sold a total of $9.85 billion in Tesla stock including the $6.9 billion he sold the week of Nov. The Friday fall also came off the back of a tweet where Musk said he's thinking of quitting his jobs to become an influencer, although it was not clear if was being serious. Some of that drop has come from his share sale to fund. Tesla's share price was down over 1% in the pre-market trade on Friday, after slipping 6% in the previous session. Tesla’s market value has declined by about 400bn since chief executive Elon Musk secured financing to buy social media firm Twitter. Elon Musk sells another 22 million Tesla shares for 3.6 billion By Chris Isidore, CNN Business Updated 7:49 AM EST, Thu DecemLink Copied Audience boos Dave Chappelles. Musk, who is the world's richest man, also exercised stock options to purchase 2.17 million shares of Tesla, according to the filings. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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