Elon Musk Tweeted and did a poll on Twitter asking if he should sell 10% of his Tesla stock to show that he isn’t trying to avoid paying taxes.
This tweet has gotten the entire Internet in uproar; What would that mean to the future of Tesla and the huge EV market that’s booming at an alarming scale; Could the new drive for Billionaires paying a fair share on taxes mean good for the everyday American or would it spell higher prices of commodities driven by some of these Billionaires and their hold on the economy.
Elon Musk has turned into a Super Star Innovative Billionaire in recent years and we all know the rapid increase in gains he has gotten and yet he’s never lost his wholesome personality full of empathy and undaunting drive for Space Exploration but selling 10% of his Tesla Stock would surely mean something good for some folks, nevertheless Tesla continues to grow bigger and bigger than ever before.
Do you think selling his 10% of his Tesla Stock is this a good idea? What are the pros and cons? What will actually happen?
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.— Elon Musk (@elonmusk) November 6, 2021
Do you support this?