Tesla Chief Executive Officer Elon Musk unloaded another batch of shares on Monday, in a rough start to the week for the electric car maker.

Musk exercised options to buy 2.1 million shares TSLA, -0.82% at $6.24 each, then sold 934,091 at prices between $952 to $1,002, for a total of about $906.5 million, according to filings with the Securities and Exchange Commission.

The latest batch brings his total sales to around $11.76 billion since Nov. 8, a day after his Twitter poll voted for him to sell a 10% stake in Tesla. As of Dec. 9, he owned a 17.16% stake in the company, according to FactSet Research.

Shares were down 2% in premarket trading on Tuesday.

Monday saw Tesla shares drop nearly 5%, in step with technology losses and the bigger market amid worries about monetary policy and the omicron variant of COVID 19. The S&P 500 SPX, -0.75% and Dow Jones Industrial Average DJIA, -0.30% posted their biggest one-day drops in nearly 2 weeks.

Tesla shares are up 36% year to date, but have lost 15% in December.

Musk, who is the world's wealthiest person, with a net worth of $254 billion, was picked as Time's 2021 "Person of the Year" on Monday.

Go Mr Gonzalez! Super excited to see that congress isn't nearly what the media has made  them out to be. However, very disappointed in my two female reps from Michigan. Very embarrassing. They will only be forgotten because Mr. Sherman was even more ignorant

Yes, but they won't stop it. It would require crashing the economy... That includes both assets and equities.

Whats proof of marshmellow?

CRYPTO IS FOR THE PEOPLE, and CREATED BY THE PEOPLE.  Change My Mind.  ️

Don't you find it fascinating  how the government has literally no say, on important economic projections that affect the population? THAT ALONE SHOULD TELL YOU WHO IS REALLY IN POWER!

Capitalism only works if debters experience real world consequences. The Fed is a socialist organisation. Abolish the Fed and return to a real price for money, and let those who take on or lend out foolish amounts of debt suffer.

7:45 The Phillips Curve trend line is deeply problematic. Just look at the actual underlying data points: all data points at 2.5% unemployment demonstrate resulting inflation hovering around 1% inflation.

I will not be buying much of anything but what I need to survive and save save save

The only way to fix inflation is to bring the collapse of 2008-2009 back.

Preach

In Metaverse?

for the vice president kamla haris only making india benifit ..india bought s-400 misale from russia but USA affraid sanction india..because they hiprotise whole USA gave their vice president,ceo,employee..that brings america suffer one day when american president or everything controll this indian..they lost their super power and lost india,russia,chaina.. so know thats time they should clearify this and should sanction india for s-400 missale bought..and also shouldn''t make any good position indian,chaina,israel people

Theyve been trashing Tesla for years, it reminds me of the reporter Bezos told to invest in Amazon hell be a billionaire and the reporter just trashed on Amazon

Coinbase is the worse! They should  be bannned!