Author: Kim Lyons
Elon Musk polled his Twitter followers | Photo by PATRICK PLEUL/POOL/AFP via Getty Images
Tesla CEO and wealthiest person in the world Elon Musk tweeted out a poll Saturday, asking his Twitter followers whether he should sell 10 percent of his stock in the automaker, ostensibly to pay more tax.
“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted. He said in a subsequent tweet that he’d abide by the results of the poll “whichever way it goes.” By Sunday morning, “yes” replies were leading, with 57 percent of more than 3.1 million votes.
Musk had been a vocal critic of a proposal to tax unrealized gains on publicly traded assets for some of the...
Continue reading…
Continue reading...
Elon Musk polled his Twitter followers | Photo by PATRICK PLEUL/POOL/AFP via Getty Images
Tesla CEO and wealthiest person in the world Elon Musk tweeted out a poll Saturday, asking his Twitter followers whether he should sell 10 percent of his stock in the automaker, ostensibly to pay more tax.
“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted. He said in a subsequent tweet that he’d abide by the results of the poll “whichever way it goes.” By Sunday morning, “yes” replies were leading, with 57 percent of more than 3.1 million votes.
Musk had been a vocal critic of a proposal to tax unrealized gains on publicly traded assets for some of the...
Continue reading…
Continue reading...