Tuesday, July 7, 2026

Twitter user asks Elon Musk to sell shares

Tonesla-chef Elon Musk Allow Twitter users to promise to sell one-tenth of their shares in electric car manufacturers to pay higher taxes. In a Twitter poll launched by Musk, 57.9% of the votes were in favor of selling stocks. The current value of the package will exceed US$20 billion.

As the richest person in the world by far, the 50-year-old has recently increasingly demanded more contributions to solve world problems and paid more taxes.Musk’s wealth has appreciated in the past few months as prices have risen steadily. Tesla-Aktie At least it has grown a lot on paper. However, according to current rules, he only needs to pay taxes when he receives price gains from sales.

Musk said on Twitter at the beginning of the investigation that because he has no salary or bonus, selling stocks is the only way he pays taxes. Musk promised that no matter what the result is, he will stick to the result of the Twitter vote. As of Sunday night Central European time, 3.5 million votes were cast in 24 hours.

Musk did not provide any information about how soon he will sell the shares. In the United States, senior management usually has a pre-agreed timetable for stock sales. Musk already talked about selling shares in September.

In the United States and other countries, there are currently a lot of discussions on tax reforms, which can start from wealth. When talking about Twitter, Musk said: “Recently, unrealized gains are often referred to as a way of tax avoidance, so I recommend selling my 10% Tesla stock.”



Source link

Related articles

spot_imgspot_img