After Twitter poll, CEO Musk sells off $5B in Tesla shares

13 Sept 10:54 Key points summarised by AI

Tesla CEO Elon Musk sold approximately 4.5 million shares, raising over $5 billion, following a Twitter poll where he promised to sell 10% of his company stake.
About $1.1 billion from the sales is designated to cover tax obligations for stock options granted to Musk in September.
Musk publicly linked the sale to the debate around taxing billionaires' unrealized gains, though some transactions were part of a pre-adopted trading plan.
Despite the significant sale, Musk still owns around 167 million Tesla shares, maintaining his position as the largest shareholder and the world's wealthiest person.

New home loan scheme aims to boost property sector with Bt125 billion

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.