Breaking down why billionaire Tesla founder Elon Musk is contemplating selling a portion of his shares in Tesla stock after conducting an informal poll on Twitter.
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Brilliant move by him. Billons in one stock, and obviously wanted to diversify more. Simply selling would have tanked the stock and sent investors into a panic. By conducting the poll, it made it much less controversial where it was the will of the people to sell the stock.
I've still never seen a Tesla.
musks are dumping
Now this is democracy. I would rather he just pay his damn taxes on the stock he owns right now rather than selling it, because that's where most of his net worth is located. Rich people like him are able to avoid liquidation (and hence taxes) by taking a huge loan from the bank and using their stock as collateral. That is a MAJOR loophole that needs to be closed. Other than that, he should really stop whining about a one-time billionaires tax, which would be used to fund the very same infrastructure his products depend on! And not only that, but he could only have made a profit if he took advantage of the infrastructure that was paid with taxpayer's money (distribution services using public highways, employees commuting to work, etc.). Yes, it's about time he pays back into the system, and all others like him who were able to reap the benefits of a rigged game for far too long. Would he rather see poor ol' Joe across the street who's barely able to afford rent pay more in taxes than he does? I sure hope not; but there is no doubt in my mind that some billionaires in this country would secretly answer in the affirmative. I'm all for space exploration — but let's make sure that the basic needs of the American people (healthcare, housing, education, etc.) are met first. Are we all okay with that? Good.
And by the way, I voted yes on that Twitter poll. Now let's hope the next one is about whether he should pay the same tax rate as everyone else, let alone more.
Beautiful brunette <3
KARYE TRADİNGVİEW
BİST TURKEY SHARE (KARYE) 13:00 TARGET 25:00 TRY The number of securities in the market is 15 million RISING HIGHLY WITH STRONG MONEY ENTRY
Bizarre!
Boy that was fast, it took you under a minute to pull my comment. You truly don't believe in freedom of speech when it affect your agenda.
The fact that he’s willing to do the right thing to pay those taxes, makes me want to buy a Tesla, amongst other reasons
The Great Space Gimmick
https://youtube.com/channel/UCi7647D5rCA2MbiFkuAF_9w
I'm definitely going to get me a SYBER TRUCK ohh yeahh here we come Mars 🛸 👽. Wonder how far I can jump it 😃 on Mars!! It's gonna be ok Elon 👍 your the best man. Show us space sir 🙏.
Let’s go Brandon 🚩
Shout out to George Floyd on nineteen months of sobriety. It took some tough love but he did it. Say his name liberals🖕🚩