Sell 10% of your Tesla stock, Twitter users tell Elon Musk
Tesla Inc CEO Elon Musk should sell about 10 per cent of his Tesla stock, according to 57.9 per cent of people who voted on his Twitter poll asking users of the social media network whether he should offload the stake.
“I was prepared to accept either outcome,” Musk said, after the voting ended.
The world’s richest person tweeted on Saturday that he would offload 10 per cent of his stock if users approved the proposal.
The poll garnered more than 3.5 million votes.
“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10 per cent of my Tesla stock,” Musk said on Saturday, adding that he does not take cash salary or bonus “from anywhere”, and only has stock.