Tesla CEO Elon Musk has donated 268,000 Tesla shares, valued at approximately $60 million, in a year-end charitable contribution. The filing, disclosed to the U.S. Securities and Exchange Commission, highlights Musk’s philanthropic efforts and may also reflect strategic tax planning. This significant donation follows Musk’s history of large-scale charitable giving. In 2023, he donated $1.9 billion worth of Tesla shares to undisclosed charities, signalling a continued commitment to supporting global causes. Focus on Philanthropy: While the recipient organization(s) of the latest donation remain undisclosed, Musk’s past contributions have supported education,…
Read MoreWednesday, April 23, 2025
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