{"id":894381,"date":"2025-01-09T11:32:03","date_gmt":"2025-01-09T06:02:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=894381"},"modified":"2025-01-09T11:32:03","modified_gmt":"2025-01-09T06:02:03","slug":"elon-musk-donates-268000-tesla-shares-for-year-end-tax-planning-represents-gifts-of-says-sec-filing","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/09\/elon-musk-donates-268000-tesla-shares-for-year-end-tax-planning-represents-gifts-of-says-sec-filing\/","title":{"rendered":"Elon Musk donates 268,000 Tesla shares for &#8220;year-end tax planning&#8221;: Represents gifts of &#8230;, says SEC filing"},"content":{"rendered":"<p>Elon Musk has made &#8216;mystery gifts&#8217;. According to a recent regulatory filing, Tesla CEO Elon Musk donated 268,000 shares of Tesla stock valued at nearly $112 million. The Securities and Exchange (SEC) filing dated December 30 says that the donation is to charity and that the transaction is part of Musk\u2019s year-end tax planning. The donation reportedly is gifts of common stock to nonprofits that are unknown, as per the filing.<\/p>\n<p>Elon Musk, who owns about 12.8% of Tesla, made the donation as part of his &#8220;year-end tax planning&#8221; to &#8220;certain charities&#8221; that have &#8220;no current intention to sell such stock,&#8221; the filing showed. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has made &#8216;mystery gifts&#8217;. According to a recent regulatory filing, Tesla CEO Elon Musk donated 268,000 shares of Tesla stock valued at nearly $112 million. The Securities and Exchange (SEC) filing dated December 30 says that the donation is to charity and that the transaction is part of Musk\u2019s year-end tax planning. The donation reportedly is gifts of common stock to nonprofits that are unknown, as per the filing. Elon Musk, who owns about 12.8% of Tesla, made the donation as part of his &#8220;year-end tax planning&#8221; to &#8220;certain charities&#8221; that have &#8220;no current intention to sell such [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-894381","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/894381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=894381"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/894381\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=894381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=894381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=894381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}