SEC Filing

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Elon Musk gifted approximately 210,000 Tesla shares, valued at nearly $100 million, to undisclosed charities as part of year-end tax planning. An SEC filing revealed the donation occurred on Tuesday, with the charities stating no current intention to sell the shares. This move comes amid Musk's efforts to increase his control over Tesla for its AI and robotics ambitions.

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Galvin Gaustad & Stein LLC boosted its investment in Tesla, Inc. by 106.0 percent during the second quarter, acquiring additional shares worth over half a million dollars. The move, detailed in a recent SEC Form 13F filing, reflects ongoing institutional interest in the electric vehicle maker amid mixed market signals. This adjustment brings the firm's total Tesla shares to 1,710, valued at $543,000 at quarter's end.

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