Elon Musk is the richest man in the world right now. In 2020, the shares of his company Tesla rose by about 750 percent, due to which his wealth increased tremendously. According to Bloomberg’s report, his brother Kimbal Musk sold tesla shares has sold 30,000 shares of the company, giving him $ 25.6 million (about 190 rupees). 48-year-old Kimble Musk is also on the board of Tesla Inc. This information has been given by the company to the American Security Exchange Commission.
After this news, Tesla’s share price dips are seen declining today. At 6.30 pm on the NASDAQ, Tesla’s stock was down 5.30 percent and was trading at $ 805 level. Kimble Musk has sold his shares at a rate of $ 852. After this deal, they now have 5 lakh 99 thousand 740 shares of the company, which is currently worth around $ 483 million. Let us know that so far this year, Tesla’s stock has registered a growth of 14 percent.
$ 1.5 billion investment in bitcoin
Tesla had invested heavily in cryptocurrency recently, which has been in the news since then. Tesla Inc had recently told the Security Exchange Commission that it had invested $ 1.5 billion in bitcoin. The company also said that it will also take payments in cryptocurrency in the coming days.
Elon Musk himself bought the cryptocurrency Dogecoin for his son. They have given information about it by tweeting. He had said in his tweet that he had bought some cryptocurrency of son ‘Lil X’ so that he too could own it. Musk tweeted last week on February 4 in support of cryptocurrency Dogecoin. After his tweet, the prices of cryptocurrency had increased by more than 50 percent.