Elon Musk takes his Twitter polls seriously.
Following a poll in which he asked whether he should sell 10 percent of his Tesla stock,Watch Anne with an E Season 1 Online which ended with roughly 58 percent of users voting yes, Musk is following through. According to new filings with the Securities and Exchange Commission, Musk has sold roughly 4.5 million shares this week, with the total value exceeding $5 billion.
This Tweet is currently unavailable. It might be loading or has been removed.
Musk owns 170.5 million Tesla shares and has an option to buy 73.5 million more. It's unclear whether he's including the optioned shares when calculating his 10 percent goal, but either way he still needs to sell quite a few more to reach it.
When he posted the poll, Musk said that he would be selling the stock in order to pay tax (he doesn't take a salary so – according to Musk – the only way for him to pay tax on his gains is to sell stock).
However, there may be another reason why Musk is suddenly so keen to sell stock and pay tax. According to CNBC, Musk is facing a $15 billion tax bill in the coming months on his stock options, meaning that he'd probably have to sell some of his Tesla stock anyway to pay that bill. There's also the convenient fact that Tesla stock was at an all-time high of roughly $1,220 when he posted his Twitter poll (the price fell roughly 17 percent following the poll).
Regardless of whether it was the will of the Twitterverse or looming tax bills that made Musk sell his stock, he'll have to pay 54.1 percent in taxes on the proceeds from the sale. It'll be interesting to see how Musk spends the rest, given that he typically doesn't have a lot of cash, and mostly lives on borrowed money.
Topics Tesla
Blockchain Explained: How It Works, Who Cares and What Its Future May Hold
Google launches six digital wellbeing tools it's calling experiments
Google launches six digital wellbeing tools it's calling experiments
Google Arts and Culture now loaded with decades of awesome U.S. history
Instant Pot Duo Plus deal: $69.99 at Amazon
Facebook launches service to monitor election
'Arrow' tackles the gun debate to 'start a conversation'
1 key moment from the new 'Star Wars' trailer has fans seriously panicking
Best GPU deal: Get the MSI RTX 5080 for $1,249.99 at Best Buy
The 10 most iconic Maxine Waters moments
Best pizza oven deal: Save $150 on Chefman Indoor Pizza Oven
Emma Watson called into an iPad to give commuters $2 advice
Mazda's first electric car might give you range anxiety
Everything coming to Netflix in November 2019
Eric Wei's essentials for creating podcasts and running a business
Model dangles off a skyscraper like it's NBD for death
'Castle Rock' Season 2 delivers gripping, Stephen King–worthy horror
Instagram adds 'false information' labels to prevent fake news from going viral
Trump's foreign aid freeze halts funding for digital diplomacy bureau
Man trolls girlfriend with the most brutal Valentine's Day message ever
Last Chance for Our Special Tote Bag Offer! by Sadie SteinHave You Ever Heard Virginia Woolf Speak?How to Land a TopMr. Men as Social Critique by Sadie SteinHow to Talk to Lady Writers, and Other News by Sadie SteinWhat We’re Loving: Foot Juggling, Dancing, and Coregasms by The Paris ReviewMeta launches VR subscription service called Quest+The Great Gatsby—With a Unicorn by Oliver Miller'Quordle' today: See each 'Quordle' answer and hints for June 243 surprising drugs being repurposed to fight COVIDHave You Ever Heard Virginia Woolf Speak?Xbox is giving away a Barbie DreamHouse console. I need it.Dispatches of love and debauchery from the 1918 flu pandemicPeople Will Always Be Kind by Henry GiardinaNobel Tweets, and Other News by Sadie SteinPlimpton! and Bobby by Sadie SteinYouTube is testing an AITwitter is suspending API access for popular bots like hourly animals and @MakeItAQuote3 surprising drugs being repurposed to fight COVIDTom Hanks Hoards Typewriters, and Other News by Ellen Duffer Russia and India race for first landing at lunar south pole How to Talk to Lady Writers, and Other News by Sadie Stein Happy Birthday, Angela Carter by Sadie Stein My Day in Istanbul: A Tear Upper West Side Story by Sadie Stein Hemingway Moves North, and Other News by Sadie Stein You’re Saying It Wrong by Sadie Stein People Will Always Be Kind by Henry Giardina A Visit with Patrick Leigh Fermor, Part 1 by Ben Downing Faulkner’s Outlines, and Other News by Sadie Stein Lay Your Sleeping Head, My Love by Christina Thompson Our Detective So Supreme by Sadie Stein Do Not Eat Library Paste by Sadie Stein War Memorial by Rebecca Sacks Enttäuschung by Sadie Stein Announcing Our Summer Issue! by Lorin Stein Celestial Homework, and Other News by Sadie Stein Poetry Gone to Pieces: Talking Civilization with Dana Crum by Dorian Rolston Punk Love by Jason Diamond Have You Ever Heard Virginia Woolf Speak?
1.4862s , 8207.421875 kb
Copyright © 2025 Powered by 【Watch Anne with an E Season 1 Online】,Wisdom Convergence Information Network