Who owns tesla stock

The trading plan was filed with the SEC on Sept. It's also worth noting that the options were not set to expire until August Exercising options early is actually a bullish move on Musk's part, notes Barron's Al Root :. The tax is due only when the transaction happens. And Musk exercised the options before he had to, making it a bullish trade in theory. Exercising options early and holding the stock bought is better, for tax purposes, when an options holder believes a stock is going up.

That's because the tax rate on options exercise is the tax rate on ordinary income — and the tax rate on long-term capital gains is lower than the rate on ordinary income. After exercising options on Monday, Musk undertook a series of sales on Tuesday and Wednesday, per regulatory filings. In those trades, the chief unloaded 3. These transactions, however, were not made under a Rule 10b trading plan.

That is, they were not scheduled sales. The pain caused by this selloff wasn't limited to holders of TSLA stock. Tesla has an outsized effect on consumer discretionary funds, as well.

Encouragingly, shares in Tesla began to stabilize Wednesday and continued to do so in Thursday's early action. Vanguard is the distant No. Reuters said Tesla stock rose 4. Still, brokers told Reuters Tesla shares could face some ups-and-downs on various equities markets Thursday.

The sale tweets caused a sell-off of the stock Monday and Tuesday, but it recovered some on Wednesday. The shares were up 2. The filings also disclosed that Musk exercised options to buy just over 2. The tax transactions were "automatically effected" as part of a trading plan adopted on Sept.

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