Tesla founder Elon Musk is asking on Twitter if he should sell ten percent of his Tesla stock. And stresses that he wants to stick to the results of the poll.
Elon Musk, the 50-year-old founder of Tesla, has given his Twitter followers a vote to sell ten percent of his shares in the US electric car maker. “Recently there has been a lot of talk about unrealized profits as a means of tax evasion,” the billionaire billionaire wrote Saturday in the online service. “So I propose to sell ten percent of my Tesla stock.” Musk promised to stick to the outcome of the vote.
Musk made it clear that he did not receive any salaries or cash bonuses. Therefore, selling the shares is the only way for it to become taxable. His 62 million followers were able to vote yes or no in the Twitter poll. By 7:00 p.m. (local time), nearly 53 percent had voted yes.
Aims at democratic tax reform
The author of the project appears to be aiming for a proposal from the US Democrats for tax reform. You want to tax the super-rich in the United States more and look at their securities. So far, taxes are due in the US only on the sale of shares.
According to Bloomberg, Musk owns approximately 17 percent of Tesla’s stock, which was valued at more than $208 billion at the end of June. With an estimated fortune of $338 billion, the Tesla founder is the richest man in the world, according to Bloomberg. (AFP)
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