Elon Musk wants to sell 10% of Tesla shares, bets $2100 million on Twitter poll

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Elon Musk

California: SpaceX and Tesla CEO Elon Musk has left the decision of millions of dollars to Twitter followers. He has issued a poll saying to sell 10 percent of Tesla’s stock. At the same time, he has also said that whatever decision comes out, he will follow it. A large number of followers are supporting the point of selling the stock. The special thing is that this statement of Musk, who has a limited salary, has come after the proposal of ‘Billionaires Tax’ in the Senate.

Recently, the ‘Billionaires Tax’ was introduced by the Democrats in the US Senate. Referring to this, Musk tweeted that he proposes to sell 10 percent of Tesla stock. Along with this, he also informed through tweets that he will accept the results of the poll in any situation. So far 19 lakh 17 thousand 974 users have given feedback on this poll. Of these, 55.1 percent supported the move to sell the stock. Whereas, 44.9 percent of the users are not in favor of it.

According to Reuters calculations, Musk’s shareholding in Tesla stood at 17.05 million as of June 30. According to the closing on Friday, in such a situation, selling 10 percent of the shares means $ 2100 million. Analysts say that they will have to withdraw a large number of shares to pay the tax. There are a large number of options in these, which are expiring next year.

Musk had tweeted, ‘See, I do not take any cash salary or bonus from anywhere. I only have stocks and the only way for me to pay taxes is to sell the stock. Tesla board members, including Musk’s mother Kimball, recently sold some shares. The number of shares sold by Kimball Musk was 88 thousand 500. Whereas, Ila Ernprise, who was on the board, pulled out shares worth more than $ 200 million.

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