Charity Donation

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Elon Musk donates $100 million in Tesla shares to charities

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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