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According to Bloomberg, Tesla founder Musk is considered the richest man in the world.
Only France via AFP
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Tesla founder Elon Musk had his Twitter followers vote on the possible sale of ten percent of his shares in the US electric car maker – and a clear majority voted for this step. According to the final result published on Musk’s Twitter account on Sunday evening, 57.9 percent of the participants voted for the entrepreneur to sell this share of the shares. However, only 3.5 million of the 62.7 million users who follow Musk in the short message service took part.
The multi-billionaire announced on Saturday that he would stick to the result of the vote – “whatever the outcome”. To justify the online vote, he said: “Lately there has been a lot of talk about unrealized profits as a means of tax avoidance.” Therefore, he suggest selling ten percent of his Tesla shares.
Musk explained that he did not receive any cash wages or bonuses. Therefore, selling shares is the only way for him to become taxable. The entrepreneur seemed to be aiming at a proposal by the US Democrats for tax reform. They want to tax the super-rich more heavily and have looked at their securities. In the United States, taxes on stocks are only due when they are sold.
According to the US news agency Bloomberg, Musk owned around 17 percent of Tesla shares valued at more than $ 208 billion at the end of June.
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AFP/chk
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