Sunday, June 28, 2026

Musk asked Twitter to vote on Tesla stock sale


Tesla founder Musk let his fans actually vote whether he should pay taxes.
Picture: AFP

Musk explained that he did not receive any cash salary or bonus. Therefore, selling shares is the only way for him to pay taxes. The Tesla founder wanted to stick to the results of the investigation.

Tonfounder of esla Elon Musk Let his followers vote on Twitter to sell his 10% stake in the American electric car manufacturer. “Recently, there has been a lot of discussion about unrealized profits as a means of tax avoidance,” the billionaire wrote in an online service on Saturday. “So I propose to sell my 10% of Tesla shares.” Musk promised to stick to the voting results.

Musk explained that he did not receive any cash salary or bonus. Therefore, selling shares is the only way for him to pay taxes. His 62 million followers can vote for or against in a Twitter poll. By midnight, about 53% of people had voted in favor.

The Democrats want to impose heavier taxes on the super-rich

The entrepreneur’s goal seems to be the tax reform proposal proposed by the Democratic Party of the United States. You want to impose heavier taxes on the super-rich in the United States and you have checked their securities. So far, the United States has only paid taxes on the sale of stocks.

According to Bloomberg News, as of the end of June, Musk held approximately 17% of Tesla’s shares, valued at more than US$208 billion. According to a Bloomberg report, the Tesla founder has an estimated wealth of US$338 billion and is considered the richest person in the world.



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