Musk entrusted the decision to sell 10% of Tesla shares to Twitter users
Ilon Musk entrusted the decision to sell 10% of his shares in the electric car maker Tesla to users on Twitter, for which he arranged a vote.
“There has been a lot of talk lately about unrealized profits as a means of avoiding taxes, so I propose selling 10% of my Tesla stock … I will decide on the results of this poll, whatever the outcome,” Elon Musk wrote on Twitter.
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
Not only Musk’s 62.5 million subscribers can take part in the poll, but also other users of the social network. More than 690 thousand people took part in the voting, it will last almost a day. So far, more than 55% of users have voted to sell the stock.
“I don’t get paid cash or bonuses anywhere. I only have stock, so the only way for me personally to pay taxes is to sell stock,” Musk added.
According to Forbes’ real-time billionaire ranking, on Nov. 1, Elon Musk became the first person in history whose fortune exceeded $300 billion.