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Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

Lei Jianping reported on May 4

As of December 31, 2021, Tesla CEO Musk held 21.2 percent, The Vanguard Group held 6 percent, Blackrock held 5.1 percent, and Ira Ehrenpreis held 1.5 percent.

Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

As of December 31, 2021, Tesla equity

Forbes recently released the 2022 global billionaire list, the 50-year-old Musk wealth of up to $219 billion, pressure Amazon founder Bezos to continue to become the world's richest man.

Musk's wealth is mainly based on Tesla and SpaceX.

Musk's wealth has increased by $68 billion over the past year. Musk also concentrated on dumping a large number of volatile, more than $16 billion tesla shares in the two months of 2021, and thus may have created the largest amount of personal annual tax bills ever created.

Musk also sold a total of 5.23 million shares of Tesla stock on April 28, 2022, at a price of $822.68 to $902.85 per share, worth about $4.5 billion, according to U.S. SEC filings.

Two days earlier, Musk had also sold more than 4.4 million shares, each trading at a price of between $870 and $1,000, for a total value of about $4 billion. That said, Musk cashed out more than $8.5 billion in a week.

That is to say, in the past less than a year, Musk has accumulated more than $20 billion in cash.

$44 billion in privatization of Twitter

Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

On April 26, 2022, Twitter announced that the company's board of directors had accepted Musk's $44 billion acquisition and proposal to take it private.

Musk bought Twitter for $54.20 per share, the same price he made earlier this month in his initial offer. The deal is expected to close in 2022, and upon completion of the deal, Twitter will become a privately held company.

Under the terms of the agreement, upon completion of the proposed deal, Twitter shareholders would receive $54.20 in cash for each of their Twitter ordinary shares. The purchase price is a 38% premium to Twitter's closing price on April 1, 2022.

"Free speech is the cornerstone of democratic operations, and Twitter is a digital city square where people discuss issues that are critical to the future of humanity," Musk said, "and I also want to make Twitter better than ever by enhancing the product with new features, making algorithms open source to increase trust, beating spam bots, and authenticating everyone." ”

Currently, Musk has secured $25.5 billion in full debt and margin loan financing and offers approximately $21 billion in equity commitments. There are no financing conditions for the completion of the transaction.

Tesla's annual revenue is $53.823 billion

Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

Tesla's revenue in 2019, 2020 and 2021 was $24.578 billion, $31.536 billion and $53.823 billion, respectively, and gross profit was $4.069 billion, $6.63 billion and $13.6 billion, respectively.

Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

Tesla will produce a total of 930,422 units in 2021, of which 24,390 will be produced for the Model S/X and 906,032 for the Model 3/Y; and 936,172 for the total deliveries, of which 24,964 are Model S/X and 911,208 are Model 3/Y.

Tesla's operating profit in 2019, 2020 and 2021 was -$69 million, $1.994 billion and $6.523 billion, respectively; net profit was -$775 million, $862 million and $5.644 billion, respectively.

Among them, Tesla's revenue in the fourth quarter of 2021 was $17.719 billion, an increase of 65% from $10.744 billion in the same period of the previous year, and the revenue in the previous quarter was $13.757 billion.

Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

Tesla's operating profit for the fourth quarter of 2021 was $2.613 billion, up 354% from $575 million in the year-ago quarter and $2 billion in revenue in the previous quarter.

Tesla sold a total of 305,800 vehicles in the fourth quarter of 2021, of which sales from the Model S/X were 13,100 units, down 19% from the previous year; sales from the Model 3/Y were 292,700 vehicles, an increase of 70% over the previous year.

Tesla equity exposure: Musk holds 21% of the shares and has accumulated more than $20 billion in cash

Tesla's revenue for the first quarter of 2022 was $18,756 million, compared to $10,389 million for the same period last year; gross profit was $5.46 billion, compared to $2,215 million for the year-ago quarter; net profit was $3.28 billion, compared to $464 million for the year-ago quarter.

Tesla delivered a total of 310,048 vehicles in the first quarter of 2022.

As of today, Tesla shares $909 and a market capitalization of $942 billion.

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Lei Di was founded by veteran media person Lei Jianping, if reprinted, please indicate the source.

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