Tech

Elon Musk curses Bernie Sanders and suggests selling more Tesla stock

The wealthiest person in the world, Elon Musk, began sparring with Senator Bernie Sanders on Sunday.

Musk raised the idea of ​​selling more shares in Tesla. This will require you to pay taxes on your profits.

In a reply to the 80-year-old Senator in Vermont, Tesla and SpaceX CEO Musk tweeted, “I’m still forgetting that you’re still alive.” In a subsequent tweet, Musk asked: Just say a word … “

Musk has offloaded about $ 7 billion worth of Tesla shares in the past week. This helped push carmakers’ stocks down about 15% in a week. Mr. Musk’s share sale began on Twitter after tweeting a rare poll asking if he should sell.

Musk did not mention in a previous tweet that there are millions of stock options that must be exercised before they expire in August 2022. .. Masks are worth about $ 286 billion, as tracked by the Bloomberg Millionaires Index.

In October, Musk announced that Tesla would relocate its headquarters from California to Austin, Texas. Texas does not impose income tax. On Saturday, Musk tweeted that he had lived in a small home in South Texas for the past two years. “I find it more homely to live in a small house,” he writes.

Vermont’s independent Caucus at the Democratic Caucus, Sanders, chaired the Senate Budget Committee and has long advocated the wealthy to pay more taxes. In March, Sanders, Mask and Amazon.com Inc. The amount of wealth accumulated by Jeff Bezos, co-founder of the company, tweeted that it was “immoral.”

Musk recently accused Senator Ron Wyden, a Democrat of Oregon and chairman of the Senate Finance Committee, who demanded a wealth tax on millionaires.



Elon Musk curses Bernie Sanders and suggests selling more Tesla stock

Source link Elon Musk curses Bernie Sanders and suggests selling more Tesla stock

Related Articles

Back to top button