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Elon Musk gives about $5.7 billion in Tesla stock to charity

by todayminutes
February 16, 2022
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Tesla CEO Elon Musk donated about 5 million shares of company stock worth roughly $5.7 billion to an unidentified charity in November, according to a regulatory filing.

The shares were donated from Nov. 19 to Nov. 29, the filing with the U.S. Securities and Exchange Commission said.

In late October, Musk, the world’s richest man, tweeted that he would sell $6 billion in Tesla stock and give the money to the United Nations World Food Program if the organization would describe how the money would solve world hunger. But the filing did not name any recipients for the donation.

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