Musk donated $108 million in Tesla shares to unnamed charities, filing shows

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Elon Musk, CEO of Tesla, donated 268,000 Tesla shares, valued at approximately $108.2 million, to unspecified charities just before the new year.


This donation aligns with Musk's pattern of significant year-end contributions, following donations of Tesla shares worth $1.95 billion in 2022 and about $5.74 billion in 2021 to his non-profit, the Musk Foundation. The recent filing indicates that these charities currently have no intention of selling the donated stock. The Musk Foundation supports various initiatives, including the development of safe artificial intelligence for societal benefits. At the time of the donation, Forbes reported Musk's net worth at $408.3 billion, making him the world's richest person. Musk has not responded to requests for comments regarding this donation.

https://www.reuters.com/business/musk-d ... 025-01-02/
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