Musk donates 108 million pounds of TSL stock again! No explanation for using the foundation to avoid taxes?

TSL CEO Musk donated over $100 million worth of TSL stocks to undisclosed charity organizations at the end of 2023. (Background: 5 predictions in the Solana ecosystem: Musk launches coin, stablecoin market cap quadruples, SOL spot ETF approved) (Context: Musk reverts name back to Elon Musk, Kekius Maximus, PEPE-related meme coins big dump) TSL CEO Musk donated over $100 million worth of TSL stocks to undisclosed charity organizations at the end of 2023. Donation details According to Reuters, on January 2, Musk donated 268,000 shares of TSL stocks worth approximately $1.082 billion on New Year's Eve. The documents indicate that this donation is part of his 'end-of-year tax plan' and state that the charity organizations 'currently have no intention of selling these stocks.' Musk currently holds about 12.8% of TSL shares, continuing the donation pattern of the past two years: in 2022, he donated TSL stocks worth $19.5 billion; in 2021, he donated around $57.4 billion in stocks, mainly to his nonprofit organization, the 'Musk Foundation.' Musk Foundation and personal wealth The Musk Foundation website shows that the foundation supports various charitable causes, especially in areas such as 'developing safe AI for the benefit of humanity.' According to Forbes data, Musk ranks as the world's richest person with a net worth of $408.3 billion. Nevertheless, he remains silent on the specific intent of this donation or the beneficiaries, providing no explanation for the purpose. Stock price rose over 50%, year-end fluctuation TSL (TSLA.O) stock price surged 53.93% in the past 6 months, peaking at $479.86 on December 17, 2024, before falling back to the current closing price of $379.28. Related reports 5 predictions in the Solana ecosystem: Musk launches coin, stablecoin market cap quadruples, SOL spot ETF approved Musk reverts name back to Elon Musk, Kekius Maximus, PEPE-related meme coins big dump Terrorist attack? TSL Cybertruck explodes outside Trump hotel, Musk: Misguided individuals chose the wrong vehicle〈Musk donates $108 million worth of TSL stocks again! Is the lack of explanation for the foundation's purpose to avoid taxes?〉This article was first published on BlockTempo, the most influential blockchain news media in the dynamic Block sector.