Elon Musk knows how to rattle the world.
The Tesla boss posed a question for his Twitter followers yesterday asking them if he should sell a portion of his Tesla stock:
“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10 percent of my Tesla stock,” he wrote, before asking, “Do you support this?”
Pe Forbes, the Tesla CEO owns around $250 billion in company stock, which means he is asking fans whether he would sell more than $25 billion worth of shares.
“I will abide by the results of this poll, whichever way it goes,” he wrote in subsequent tweets. “Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.”
See the post:
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
Do you support this?
— Elon Musk (@elonmusk) November 6, 2021