Tesla CEO Elon Musk has donated roughly $5.7 billion worth of Tesla shares to charity in November,?? ?? ?? a new SEC filing shows.
According to the filing, Musk donated a total of 5,044,000 Tesla shares between Nov. 19 and 29, 2021.
The name of the charity isn't revealed in the filing, but the donation could have something to do with this Twitter thread and the United Nations' World Food Programme (WFP).
This Tweet is currently unavailable. It might be loading or has been removed.
In November 2021, WFP director David Beasley said in an interview with CNN that just 2 percent of Musk's net worth, or roughly $6 billion, could save the lives of 42 million people in need. This was brought to attention to Musk via Twitter, to which he said he would sell Tesla stock "right now" and donate if the WFP could describe "exactly how $6B will solve world hunger." On Nov. 16, Beasley followed up with a detailed plan of how the funds would be used to help fight famine — just three days before Musk's first large donation.
SEE ALSO: Elon Musk shuts down Twitter negotiations with teen creator of flight-tracking botBusiness Insider spoke to WFP spokesman Steve Taravella, but he would not confirm that Musk donated the shares to the WFP, saying it is the organization's policy to leave disclosure to donors themselves. It's worth noting that Musk runs his own philanthropic organization called the Musk Foundation, which creates grants in support of renewable energy research, space exploration, pediatric research, science and engineering education, and development of "safe" artificial intelligence.
Besides donating the shares, Musk also sold roughly 10 percent of his Tesla shares in November and December 2021 following a Twitter poll in which he asked whether he should sell his Tesla stock in order to pay tax. He's still the wealthiest person in the world, with an estimated net worth of $227 billion, according to Bloomberg.
Topics Elon Musk
Previous:CicLAvia This Sunday in Downtown Area
Next:Love Amid Larceny
Gonzaga vs. USC basketball livestreams: Game time, streaming deals, and moreHow to watch Tennessee vs. Illinois basketball without cable: game time, streaming deals, and moreBest smartwatch deal for runners: The Garmin Forerunner 745 is down to a recordGoogle Pixel Watch 2 deal: Save $50 on WiFi and cellular models'GTA 6': The official trailer release date just droppedBest smart thermostat deal: Get the Google Nest for 31% offInterview: Todd Haynes on how Mary Kay Letourneau influenced 'May December'KU vs. Mizzou basketball livestreams: Game time, streaming deals, and moreKlarna freezes hiring because AI can do the job insteadWalmart joins the X / Twitter advertiser boycott Harmful AI character chatbots are proliferating, spurred by online communities A Typical Wall Street Republican Inter Miami vs. Cavalier 2025 livestream: Watch Concacaf Champions Cup for free Best Beats Deal: Save $150 on Beats Studio Pro Against Fear Best early Prime Day deal: Save $70 on the Apple Watch Series 10 at Amazon How to get Peacock Premium for free: Samsung Galaxy Put Me In, Coach! Apple announces the M3 iPad Air with Apple Intelligence Time to Unite
0.1755s , 9739.90625 kb
Copyright © 2025 Powered by 【?? ?? ??】Elon Musk donated $5.7 billion worth of Tesla shares to charity in November,Feature Flash