Musk asks Twitter followers whether he should sell 10% of his Tesla stock By Reuters

© Reuters. FILE PHOTO: Tesla Inc CEO Elon Musk speaks onstage throughout a supply occasion for Tesla China-made Mannequin 3 automobiles at its manufacturing unit in Shanghai, China January 7, 2020. REUTERS/Aly Track/File Photograph

(Reuters) -Tesla Inc Chief Govt Elon Musk on Saturday requested his 62.5 million followers on Twitter (NYSE:) in a ballot if he ought to promote 10% of his Tesla (NASDAQ:) inventory.

“A lot is made recently of unrealized positive factors being a way of tax avoidance, so I suggest promoting 10% of my Tesla inventory,” Musk wrote in a tweet.

Musk additionally tweeted that he’ll abide by the outcomes of the ballot, whichever approach it goes.

The feedback from Musk comes after the proposal within the U.S. congress to tax billionaires’ property to assist pay for President Joe Biden’s social and climate-change agenda.

Musk is likely one of the world’s richest folks and proprietor of a number of futuristic firms, together with SpaceX and Neuralink. He has beforehand criticized the billionaire tax on Twitter.

“Notice, I don’t take a money wage or bonus from wherever. I solely have inventory, thus the one approach for me to pay taxes personally is to promote inventory,” Musk stated on Twitter.

Disclaimer: Fusion Media want to remind you that the info contained on this web site will not be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs are usually not offered by exchanges however relatively by market makers, and so costs might not be correct and should differ from the precise market value, that means costs are indicative and never applicable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you would possibly incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or injury because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be totally knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding kinds attainable.

Source link


News7h: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button