- Tram Ho
Billionaire Elon Musk just created the hottest poll in the world today, asking his more than 62.5 million Twitter followers if he should sell 10% of Tesla shares. .
This number of shares would equate to $21 billion, based on his holding of 170.5 million Tesla shares at the recent closing price of $1,222.09.
The survey comes as the world’s richest man previously said he is facing a huge tax bill this year if the new tax bill is passed, as well as the fact that he will receive a large amount of bonus shares next year.
On Twitter, Mr. Musk said: ” Remember, I do not receive salary or bonuses from anywhere. I only have stocks, so the only way I can pay my personal income tax is to sell stocks . ”
If you include the stock options Musk is about to receive in the near future, the amount of shares Musk will sell could be even larger – possibly worth up to $ 25 billion. The title of the world’s richest man is making Elon Musk a top target for a new US tax bill targeting billionaires.
At the Code Conference in September, Mr. Musk said the tax rate on the stock options he exercises is up to 53%. He even expects the tax rate to go up next year with ” a huge amount of money going to be paid out in the next three months because the options expire .”
So far, more than 2 million people have voted with most in favor of Mr. Musk selling shares. This survey will end at 3pm on Sunday New York time, USA.
Venture capitalist Chamath Palihapitiya said: ” We are seeing a $25 billion decision by chance determined by the majority of Twitter users .”
Before that, Mr. Musk also stormed on Twitter when he said that he would sell $ 6 billion of Tesla shares and donate to the World Food Program (WFP), if this organization proves it will help. solving world hunger.
Given the large number of Tesla shares that Elon Musk owns – about 22.4% of the company’s total stock – so if Musk actually sold 10% of his shares, the price would probably sure to be more or less wobbly in the market.
Refer to Bloomberg
Source : Genk