Elon Musk asks Twitter if he should sell his Tesla stocks worth USD 21 billion – Here's why

Elon Musk had challenged the UN saying that he would sell his Tesla stocks if they provided him with a good plan that would solve world hunger Source: Reuters Updated: Nov 7, 2021, 10:59 AM IST World’s richest man Elon Musk threw a poll at Twitter on Saturday asking if he should sell 10% of his Tesla stocks.  This comes after he had said that he might face a huge tax bill in the upcoming year and the only way to pay taxes is through selling stock since he doesn’t have any cash. He said on Twitter, “Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.”  He added more referring to the billionaires’ tax proposed by Democrats. He said, “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.” Elon Musk’s poll on Twitter received over 2 million responses in a span of seven hours with 55 percent of respondents approving the proposal to sell the shares. Musk has said that he will do whatever the result…
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