Elon Musk donates 12.5 million Tesla shares to charity

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Elon Musk donates 12.5 million Tesla shares to charity

On Friday, March 10, the US Securities and Exchange Commission released a document revealing that Tesla CEO Elon Musk has graciously donated 12.5 million shares of his company’s stock to charity. This generous contribution speaks volumes about Musk’s commitment to giving back to those in need!

Recent SEC documents unveiled that, just last month, Elon Musk had contributed a generous 12 million shares from his portfolio worth an estimated $2 billion to an undisclosed charitable organization – information reported by MarketWatch and other notable news outlets.

In 2021, media reports showed that Elon Musk’s charitable giving overwhelmingly favored his own foundation.