Friday, December 3, 2021

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Elon Musk Asks His Twitter Followers If He Should Sell $25 Billion of Tesla Stock. See the Poll

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.”

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