Elon Musk Donates 268,000 Tesla Shares to Charities

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Jan 03, 2025
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Elon Musk donated 268,000 Tesla (TSLA, Financial) shares to undisclosed charitable organizations. This move, valued at nearly $112 million, was part of Musk's year-end tax planning strategy. The donation details were revealed in disclosure documents.

Musk and his key aide, Jared Birchall, have not commented on this action. The beneficiary organizations remain unnamed, sparking interest in Musk's philanthropic strategies and financial planning methods.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.