Musk’s decision came after taking a poll on Twitter in which he asked whether he should ditch 10% of his titles at the company. Musk tweeted last Saturday: “There has been a lot of talk that unrealized gains are a form of tax evasion, so I propose to sell 10% of my Tesla stock. Do you support that?”
In the poll, 57.9% of the 3.5 million voters responded in favor of selling shares. And the CEO of Tesla delivered. Last Monday at the opening of Wall Street, the stock plummeted, falling as much as 7.2%, and has continued to decline ever since.
Musk sold his titles this week at a significantly lower price than if he had done so before his tweet about the poll. According to the latest SEC documents, Musk still owns about 167 million Tesla shares.
The CEO of Tesla launched the consultation after uA proposal by Democratic legislators in the United States to tax large capital heavily through their shares, which usually pay taxes only when they are sold. Musk is still the richest man in the world with assets of about $ 300 billion.
Source From: Ambito
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