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Kimbal Musk, the younger brother of Elon Musk and a Tesla board member, offered $25.56 million value of shares within the electric automobile maker, in step with a submitting with the Securities and Alternate Commission. He peaceable has 599,740 shares in Tesla
value roughly $490 million at Wednesday’s closing designate.
Steven Goldstein is predicated in London and accountable for MarketWatch’s coverage of financial markets in Europe, with a articulate focal level on global macro and commodities. Beforehand, he modified into once Washington bureau chief, directing MarketWatch’s financial, political and regulatory coverage. Practice Steve on Twitter: @MKTWgoldstein.