Friday, December 3

Elon Musk asks Twitter if he should sell part of Tesla | Digital Trends Spanish

Elon Musk does not limit his eccentricity. The controversial tycoon has doubts about whether or not to sell a 10 percent of his stake in Tesla and, far from going to a financial consultant, decided to make a cost on Twitter to find out.

Musk published the survey along with the following message: “Much has been said lately that unrealized profits are a way to avoid taxes, so I propose to sell 10% of my shares in Tesla. Do you support this? The closing of the survey took place on the night of Sunday, November 7. More than 3.5 million users have participated in it and 57 percent voted positively.

Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.

Do you support this?

& mdash; Lorde Edge (@elonmusk) November 6, 2021

Musk assured that he will stick to the results of this survey, whatever they were. As bizarre as it may sound, Musk’s poll has an undertone (even if it didn’t turn out as well as he would like). The executive has an intense media battle against the Biden administration, after they presented a bill at the end of October to tax the wealthiest (among whom it is found) with a new tax.

With this measure, those who have more than 1,000 million dollars in assets or more than 100 million in annual income for three consecutive years will have to pay 20 percent of their equity.

Musk lamented in a tweet that he does not receive any cash salary or bonuses from anywhere, since he only has shares, “therefore my only way to pay taxes is to sell shares.”

According to various reports, the executive owns 170.5 million in Tesla securities and selling the tenth part at a price of $ 1,222 would bring him $ 21,000 million, so applying the new tax on long-term capital gains. of the 20 percent would have to pay $ 4.2 billion in taxes. Musk has not yet commented on the survey results.

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