Musk asks Twitter followers if he should sell 10% of his Tesla stock

Tesla Inc Chief Executive Elon Musk asked his 62.5 million followers on Twitter whether he should sell 10% of his Tesla stock in a poll on Saturday.

“Having a tax evasion instrument has made a lot of unrealized gains lately, so I propose to sell 10% of my Tesla stock,” Musk wrote in a tweet.

Musk also tweeted that he would follow the results of the election, no matter what.

Musk’s remarks come after a proposal in the US Congress to tax billionaires’ wealth to help pay for President Joe Biden’s social and climate change agenda.

Musk is one of the richest people in the world and owns several futuristic companies including SpaceX and Neuralink. He has previously criticized the billionaire tax on Twitter.

“Note, I do not take cash salary or bonuses from anywhere. I only own the stock, thus the only way for me to personally pay taxes is to sell the stock,” Musk said on Twitter.

Disclaimer: This post has been self-published from the agency feed without modification and has not been reviewed by an editor

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