Tesla shares are down 9 percent this morning, in part due to Twitter. Well Twitter and Ilan's mask. The EV CEO tweeted on Saturday that he would sell 10% of his stock if platform users approved the move in a poll. After more than 3.5 million votes, 57.9% of respondents voted for Sales.
Mask tweeted after a recent legal proposal that does not include income tax. A report earlier this year showed that the billionaire avoided paying federal income tax in 2018, while making only $68,000 in 2015 and $65,000 in 2017.
Most billionaires are able to, they don't matter To pay such taxes because the government imposes only taxes. He defines it as income, so when the value of their inventory increases, their property is not taxed. They can then borrow equity to pay for their living expenses. p>
Unrealistic dividends were recently created as a means of tax evasion, so I suggest selling a 10% stake in Tesla. Do you support this?- Lord Edge (@elonmusk) November 6, 2021
Musk later tweeted that he only receives money from the companies in his stock and gets no salary or cash bonus, so "My only way to pay taxes is to sell the stock in person" The BBC notes that he has received billions of dollars through a compensation package, which gives him the ability to exercise large amounts of stock options until Tesla achieves its performance goals and its shares reach certain prices. p>
Mask owes about 170.5 million. From June 30. According to Reuters calculations, sales of 10% of them will be about $21 billion.