{"id":135664,"date":"2022-02-15T07:22:50","date_gmt":"2022-02-15T15:22:50","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/02\/teslas-elon-musk-donates-over-5-million-tsla-shares-to-charity-reveals-sec-filings"},"modified":"2022-02-15T07:22:50","modified_gmt":"2022-02-15T15:22:50","slug":"teslas-elon-musk-donates-over-5-million-tsla-shares-to-charity-reveals-sec-filings","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/02\/teslas-elon-musk-donates-over-5-million-tsla-shares-to-charity-reveals-sec-filings","title":{"rendered":"Tesla\u2019s Elon Musk donates over 5 million TSLA shares to charity, reveals SEC filings"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/teslas-elon-musk-donates-over-5-million-tsla-shares-to-charity-reveals-sec-filings2.jpg\"><\/a><\/p>\n<p>Tesla CEO Elon Musk donated over 5 million TSLA shares to an undisclosed charity, according to a SEC Form 5 filed on Monday, February 14, 2022.<\/p>\n<p>The filing reveals that <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.teslarati.com\/elon-musk-30-million-donation-cameron-county-brownsville-texas-starbase-spacex\/\">Elon Musk donated<\/a> approximately 5,044,000 TSLA shares worth about $4.42 billion, considering that Tesla stock is priced at $875.76 as of this writing. Based on the SEC filing, Elon Musk started donating the stocks on November 19, 2021, a time when over 5 million TSLA shares were worth roughly $5.74 billion.<\/p>\n<p>The transaction code for the stock was filed under \u201cG,\u201d which stands for \u201cGift of securities by or to the insider\u201d or \u201cBonafide gift.\u201d Under \u201cExplanation of Responses,\u201d the filing reads: \u201cRepresent a bona fide gift of the Issuer\u2019s common stock by the Reporting Person to charity.\u201d The charity Elon Musk donated to was not revealed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla CEO Elon Musk donated over 5 million TSLA shares to an undisclosed charity, according to a SEC Form 5 filed on Monday, February 14, 2022. The filing reveals that Elon Musk donated approximately 5,044,000 TSLA shares worth about $4.42 billion, considering that Tesla stock is priced at $875.76 as of this writing. Based on [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2019,17,1491],"tags":[],"class_list":["post-135664","post","type-post","status-publish","format-standard","hentry","category-elon-musk","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=135664"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135664\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=135664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=135664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=135664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}