Elon Musk asks Twitter followers if he should sell 10% of Tesla stock
theguardian.comElon Musk on Saturday asked his 62.5 million followers on Twitter if he should sell 10% of his Tesla stock.
“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk wrote in a tweet referring to a “billionaires’ tax” proposed by Democrats in the US Senate.
Musk tweeted that he would abide by the results of the poll. It received more than 700,000 responses in the hour after Musk posted it, with nearly 56% of respondents approving the proposal to sell the shares.
Musk’s shareholding in Tesla comes to about 170.5 million shares as of 30 June and selling 10% of his stock would amount close to $21bn based on Friday’s closing, according to Reuters calculations.
Analysts say he may have
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