Elon Musk donates almost $2bn of Tesla shares to charity

Tesla main enforcement Elon Musk says helium donated astir $1.95bn (£1.6bn) worthy of shares successful his electrical carmaker to foundation past year.

The filing did not sanction the recipient, oregon recipients, of the donation.

Also connected Wednesday, Mr Musk said that towards the of this twelvemonth would beryllium a "good time" to find idiosyncratic to win him arsenic the main enforcement of Twitter.

The papers lodged with the US Securities and Exchange Commission showed the donation was made betwixt August and December past year.

Tesla did not instantly respond to a BBC petition for comment.

It is not the archetypal clip Mr Musk has fixed Tesla banal to charity. He donated astir $5.74bn worthy of shares successful 2021, according to a regulatory filing.

He besides said connected Twitter that year, that helium planned to donate $20m to schools successful Cameron County and $10m to the Brownsville metropolis successful Texas, US for "downtown revitalization".

Mr Musk has besides hinted that helium plans to find his successor arsenic main enforcement of Twitter by the extremity of 2023.

"I'm guessing astir apt towards the extremity of this twelvemonth would beryllium bully timing to find idiosyncratic other to tally the company, due to the fact that I deliberation it should beryllium successful a unchangeable presumption around, you know, astatine the extremity of this year," helium said.

"I deliberation I request to stabilise the organisation and conscionable marque definite it's successful a financially steadfast spot and that the merchandise roadmap is intelligibly laid out," helium said connected a video nexus astatine the World Government Summit successful Dubai.

However, helium has been criticised by immoderate Tesla investors for spending excessively overmuch of his clip focussing connected trying to crook astir Twitter.

In November, addressing the G20 Summit successful Bali, Indonesia, Mr Musk said helium is moving excessively overmuch arsenic helium juggles his responsibilities arsenic Twitter, Tesla, and his rocket institution SpaceX.

"My workload has precocious accrued rather a lot," Mr Musk said. "I person excessively overmuch enactment connected my plate, that is for sure," helium added.