HOW ELON MUSK TESLA SHARES SALES BOARDERS ON TAX AVOIDANCE AND PUBLIC DECISIONS MAKING
The Tesla chief is selling hos shares of Tesla after a poll on Twitter advices him to go ahead to avoid humongous tax payment
According to a filing released Wednesday by the Securities and Exchange Commission, the Tesla CEO sold about 934,000 shares for just over $1.1 billion.
On Saturday, Musk ran a poll on Twitter asking people whether or not he should sell some of his Tesla shares. "Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock," he said.
So it happens that out of the 3,519,252 users who voted, in the poll, 57.9% said they supported the proposal. So we now have a total of about $5 billion in stock sales so far this week from Elon Musk, who has sold ~4.5 million shares.
If he truly plans to sell 10% of the 170M $TSLA shares he owned as of this weekend, we have a ways to go
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