Elon Musk Sells $1.1 Billion Worth Of Tesla Stock After Twitter Poll - And It Doesn't Make A Dent - YKTR The Mag

Elon Musk Sells $1.1 Billion Worth Of Tesla Stock After Twitter Poll – And It Doesn’t Make A Dent

Elon Musk is really a gangster for this one.

The world’s richest man officially put his money where his mouth is and sold off a chunk of his Tesla stock following a previously agreed upon Twitter poll.

The CEO posted it over the weekend, and asked his millions of followers whether they would be keen on seeing him sell a portion of his share in the car company after many began complaining that he didn’t pay enough tax.

“Much is made lately of unrealised gains being a means of tax avoidance, so I propose selling 10 percent of my Tesla stock. Do you support this?” he wrote.

The poll dipped slightly in favour of old mate parting ways with some cash (57.9 per cent) voting yes.

So, he did it.

The tech billionaire has now made it official and he’s sold off $1.1 billion worth of Tesla stock.

Documents filed to the SEC reveal he auctioned off close to one million shares, which, at Tesla’s current valuation, are worth a little more than a billion bucks.

This coming just weeks after he offered to give up a shit ton of cash to “solve world hunger” after an article was published, then quickly retracted, stating his money could do so.

BLOGGER BIO
Host of barely ballers. Die hard NZ Warriors Fan & Former Sports Journalist. Love his hair and all things Vintage.

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