Musk exercises options to buy 10,500 Tesla shares – filing

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Musk acquired 5,250 Tesla shares at a conversion price of $2.79 and an additional 5,250 at a price of $6.67 on March 08, the filing showed. The number of shares owned by Musk after the latest transactions is 411,062,076, worth nearly $71.3 billion based on yesterday’s closing price.

Tesla stock rose 0.59% in after-hours trading.

By Senad Karaahmetovic