{"id":22169,"date":"2023-02-15T15:51:07","date_gmt":"2023-02-15T15:51:07","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity"},"modified":"2023-02-15T17:45:08","modified_gmt":"2023-02-15T17:45:08","slug":"elon-musk-donates-almost-2bn-of-tesla-shares-to-charity","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity","title":{"rendered":"Elon Musk donates almost $2bn of Tesla shares to charity"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Tesla chief executive Elon Musk says he donated around $1.95bn (\u00a31.6bn) worth of shares in his electric carmaker to charity last year.<\/b><\/p>\n

The donation of 11.6 million shares was described in a filing with US regulators as “a bona fide gift”.<\/p>\n

The filing did not name the recipient, or recipients, of the donation.<\/p>\n

Also on Wednesday, Mr Musk said that towards the end of this year would be a “good time” to find someone to succeed him as the chief executive of Twitter.<\/p>\n

The document lodged with the US Securities and Exchange Commission showed the donation was made between August and December last year.<\/p>\n

Tesla did not immediately respond to a BBC request for comment.<\/p>\n

It is not the first time Mr Musk has given Tesla stock to charity. He donated around $5.74bn worth of shares in 2021, according to a regulatory filing.<\/p>\n

He also said on Twitter that year, that he planned to donate $20m to schools in Cameron County and $10m to the city of Brownsville in Texas for “downtown revitalization”.<\/p>\n

Mr Musk has also hinted that he plans to find his successor as chief executive of Twitter by the end of 2023.<\/p>\n

“I’m guessing probably towards the end of this year would be good timing to find someone else to run the company, because I think it should be in a stable position around, you know, at the end of this year,” he said.<\/p>\n

“I think I need to stabilise the organisation and just make sure it’s in a financially healthy place and that the product roadmap is clearly laid out,” he said on a video link at the World Government Summit in Dubai.<\/p>\n

The multi-billionaire businessman bought the social media platform last year for $44bn. He has since said the company was close to bankruptcy.<\/p>\n

However, he has been criticised by some Tesla investors for spending too much of his time focussing on trying to turn around Twitter.<\/p>\n

In November, addressing the G20 Summit in Bali, Indonesia, Mr Musk said he was working too much as he juggled his responsibilities at Twitter, Tesla and the rocket company SpaceX.<\/p>\n

“My workload has recently increased quite a lot,” Mr Musk said. “I have too much work on my plate, that is for sure,” he added.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Tesla chief executive Elon Musk says he donated around $1.95bn (\u00a31.6bn) worth of shares in his electric carmaker to charity last year. The donation of 11.6 million shares was described in a filing with US regulators as “a bona fide gift”. The filing did not name the recipient, or recipients, of the […]<\/p>\n","protected":false},"author":84,"featured_media":22168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,237,234],"class_list":["post-22169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nElon Musk donates almost $2bn of Tesla shares to charity - Botswana<\/title>\n<meta name=\"description\" content=\"Tesla chief executive Elon Musk says he donated around $1.95bn (\u00a31.6bn) worth of shares in his electric carmaker to c ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk donates almost $2bn of Tesla shares to charity\" \/>\n<meta property=\"og:description\" content=\"Tesla chief executive Elon Musk says he donated around $1.95bn (\u00a31.6bn) worth of shares in his electric carmaker to c ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-15T15:51:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-15T17:45:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/02\/postQueueImg_1676463014.99.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"976\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Elon Musk donates almost $2bn of Tesla shares to charity\",\"datePublished\":\"2023-02-15T15:51:07+00:00\",\"dateModified\":\"2023-02-15T17:45:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity\"},\"wordCount\":398,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/02\/postQueueImg_1676463014.99.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/elon-musk-donates-almost-2bn-of-tesla-shares-to-charity\",\"name\":\"Elon Musk donates almost $2bn of Tesla shares to charity - 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