Elon Musk sells another $906.5 million worth of Tesla shares.
, still has millions of stock options that he needs to exercise by August 2022. He revealed at the 2021 Code Conference on Sept. 28 that he would likely sell a large chunk of stock in the fourth quarter.to vote on whether or not he should sell a 10% chunk of his holdings in the electric car and solar business. In his Twitter poll, Musk wrote: "Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
He gave his tens of millions of followers the option of a "Yes" or "No" vote, and said he would abide by the results, whichever way the poll went. Twitter's poll results display said that about 3.5 million responded, with 57.9% voting "Yes."of his own. "Whether or not the world's wealthiest man pays any taxes at all shouldn't depend on the results of a Twitter poll," he wrote. "It's time for the Billionaires Income Tax.
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