Will Elon Musk sell 10% of his Tesla stock on November?
Market Rules
On November 6, 2021, Tesla's CEO Elon Musk posted a poll on Twitter asking whether or not he should sell 10% of his Tesla stock and stating he would follow the results of the poll, whichever way it went. At the end of the poll, the winning alternative was "Yes".
According to Securities and Exchange Commission filings, by November 20 Musk had already sold half of the promised shares, cashing nearly 9 billion US dollars in the process.
If by November 30, 2021, Elon Musk confirms he has finished selling 10% of the Tesla stock he owned on November 6, 2021, this market resolved to “Yes”. The same will happen if Tesla files a form to the Securities Exchange Commission detailing Musk’s sales process (8-K, 4, or any other form).