San Francisco: Tesla Chief Executive Inc.
Elon Musk has requested 62.5 million followers on Twitter in a poll if he must sell 10% of the Tesla shares.
The richest person in the world previously said he could face the tax bill of “massive” this year because he had to exercise a large number of stock options would mature next year.
“Note, I don’t take cash or bonuses from anywhere.
I only have stock, thus the only way for me to pay taxes personally is selling shares,” Musk said on Twitter.
“Many are made of unrealized profits into tax avoidance devices, so I propose sales of 10% of my Tesla shares,” he said, referring to the “billionaire tax” proposed by the Democrats.
Musk has criticized the proposal, which will affect 700 billionaires and impose taxes for the increase in long-term capital on traded assets, whether they have been sold or not.
Musk said that he would obey the results of the poll, whatever happened.
The poll received 2 million responses in seven hours after he posted it, with 55% of respondents agreed to the proposal to sell shares.
The polloped is scheduled to end around 3 P.M.
ET (2000 GMT) on Sundays.
Musk’s ownership in Tesla came to around 170.5 million shares on June 30 and sold 10% of its shares would mark nearly $ 21 billion based on Friday’s closing, according to Reuters calculations.
Musk has the option to buy 22.86 million shares for $ 6.24, which ended on August 13 next year, according to Tesla’s submission.
The test price of Tesla is $ 1,222.09 on Friday.
In September, Musk said he tended to pay taxes more than half the increase he would make from exercise.
He also refused the possibility that he would take a loan with his Tesla shares as a guarantee.
“Shares don’t always go up.
They go down,” he said at the code conference.
Several members of the Tesla Board, including his brother Kimbal Musk, lowered a large number of shares after Tesla’s shares reached a record highlight at the end of October.
Musk recently said on Twitter, he will sell $ 6 billion in Tesla’s stock and donate it to the World Food Program (WFP), provided the organization reveals more information about how the money spends.
His tweet raised his eyebrows in the financial world.
“We witnessed Twitter masses who decided the results of the $ 25B coin flip,” Venture Investor Chamath Palaihapitiya wrote on Twitter.
“Looking forward to the day when the richest person in the world pays taxes not dependent on Twitter polls,” Economist Berkeley Gabriel Zucman tweeted.
Musk got a problem with a tweet about taking Tesla Private in 2018.