Elon Musk polls his more than 62 million Twitter followers on whether he should sell 10 percent of his Tesla shares, saying he will do as voters say
Around 0700 GMT, 56.4 percent had voted in favour of selling. The poll is scheduled to end around 2000 GMT on Sunday.The entrepreneur was also awarded a large package of stock options and convertible shares as compensation."I only have stock, thus the only way for me to pay taxes personally is to sell stock."
Musk owned about 17 percent of Tesla's outstanding shares as of June 30, currently worth $208.37 billion, according to Bloomberg. Musk's shareholding in Tesla comes to about 170.5 million shares as of June 30 and selling 10 percent of his stock would amount close to $21 billion based on Friday's closing, according to Reuters calculations.
Taking into account his stakes in his other companies such as neurotechnology firm Neuralink and especially SpaceX, Musk is in theory the richest man in the world, with an estimated fortune of some $338 billion, according to Bloomberg.
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