On Twitter, Elon Musk asks if he should sell 10% of his shares in Tesla and says he will respect the survey result

According to Bloomberg, Musk owned as of June 10 17% of Tesla’s outstanding shares, which are currently worth $ 208.37 billion.

New madness or real question? Elon Musk asked his 62 million Twitter followers on Saturday if he should sell 10% of his shares in Tesla, and said he would respect his decision.

The eccentric founder of electric vehicle maker Tesla seems to be pointing to a new proposal from Democrats, who want to raise taxes on the wealthiest by taxing their shares, which are generally only taxed when they are sold.

“There’s been a lot of talk lately that unrealized profits are a means of avoiding taxes, so I’m proposing to sell 10% of my Tesla stock,” Musk wrote in a tweet.

“Do you agree?” He then asks the Internet users, proposing to vote “yes” or “no”.

“I will respect the results of the poll, whatever its conclusion,” added the billionaire.

By 00H00 GMT, the responses leaned 53% in favor of “yes.”

According to Bloomberg, Musk owned as of June 10 17% of Tesla’s outstanding shares, which are currently worth $ 208.37 billion. The businessman also received a comprehensive package of stock options and convertible shares as compensation.

With his stakes in other companies, Neuralink and, above all, SpaceX, Musk is in theory the richest man in the world with a fortune estimated by Bloomberg at more than 338,000 million dollars.

“Keep in mind that I do not receive a cash salary or bonuses, anywhere,” says Musk on Twitter. “I only have shares, therefore the only way for me to pay taxes personally is by selling shares,” he adds. (I)

You may also like

Immediate Access Pro