Elon Musk donates nearly $5 billion of Tesla stock to charity 2022
A recent Tesla filing with the Securities and Exchange Commission (SEC) revealed that the company’s CEO, Elon Musk, has donated more than $5 billion of Tesla stock to charity. The ownership disclosure filing was published on the SEC website earlier this month. Above: Elon Musk during a presentation (Source: Steve Jurvetson via Flickr) [CC BY 2.0]Original image modified by Iqtidar Ali / TeslaOracle.com) The Form 5 filing shows that Elon Musk transferred a total of 5,044,000 shares of Tesla’s common stock to a trust. These shares were transferred in 5 transactions as listed below. All these transactions were completed in November 2021. Above: List of installments of Elon Musk’s $5 billion donation from Tesla stock (Source: SEC Filing OMB Number 3235-0362) Since no specific donation is mentioned in the SEC filing, it is possible that it could be money. Musk Foundation. The Musk Foundation website lists the following areas where it uses its grants: renewable energy research and ad...