Thursday, June 11, 2026

Musk mocked Sanders and hinted that he would sell more Tesla shares

After the U.S. senator once again called on billionaires to pay more taxes, the world’s richest man Elon Musk made a series of insults to Bernie Sanders on Twitter.

Musk even proposed the idea of ​​selling more Tesla shares, which would require him to pay capital gains taxes.

Sanders, now 80, failed to seek the Democratic presidential nomination in 2016 and 2020. He tweeted on Saturday: “We must ask the extremely wealthy to pay their share.” He No mention of Musk’s name.

Musk’s $286 billion wealth made him a target for wealth tax supporters, and he replied: “I always forget that you are still alive.”

In a subsequent tweet earlier on Sunday, the CEOs of Tesla and SpaceX asked: “Do you want me to sell more shares, Bernie? Just say a word…”

Eleven hours later, Musk was still tweeting, saying that Sanders was “a receiver, not a maker.”

Musk sold nearly $7 billion worth of Tesla stock last week, pushing the automaker’s stock price down 15%. At 9:36 on Monday morning, the stock fell 2.6% in New York.

After Musk polled his Twitter users on whether he should sell him, the stock disposal began. But some of these transactions were carried out according to his pre-arranged trading plan in September, long before he consulted on his extensive social media.

Musk did not mention in his tweet that he has millions of stock options that must be exercised before expiration in August 2022. He said in September that he might exercise a “big chunk” of these options by the end of this year. year.

At the end of last year, Musk confirmed that he had moved from California to Texas, which does not levy income taxes. On Saturday, Musk said on Twitter that he had lived in a small house in southern Texas for the past two years. “It feels more welcoming to live in a small house,” he wrote.

Sanders is an independent in Vermont, has a caucus meeting with Democrats, serves as the chairman of the Senate budget committee, and has long advocated that the rich pay more taxes. In March, he tweeted that the wealth accumulated by Musk and Amazon co-founder Jeff Bezos was “immoral.”

Musk also recently accused US Senator Ron Wyden (Ron Wyden), a Democrat from Oregon and chairman of the Senate Finance Committee, who promoted the collection of wealth taxes on billionaires.

-With the help of Anders Melin.





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