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Elon Musk Sells 10% of Shareholdings after 57.9% of 3.5 Million Twitter Poll Supported His Action

12th November 2021 | Hong Kong

Elon Musk has began selling 10% of his Tesla shareholdings after 57.9% of 3.51 million twitter poll supported his move to sell Tesla shares and to pay tax on his earnings.  Elon Musk has tweeted “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.”  The poll ended on 7th November 2021, with 57.9% supporting his move to sell and 42.1% not supporting his move to sell.  

“ Elon Musk Sells 10% of Shareholdings after 57.9% of 3.5 Million Twitter Poll Supported His Action “

 

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Elon Musk, $280 Billion to $300 Billion Fortune

Tesla Model S
Tesla Model S

This week, Elon Musk has already sold $6.9 billion worth of his shareholdings in Tesla.  Elon Musk is the richest man in the world with a personal fortune of around $280 billion to $300 million.  Prior to the sale, Elon Musk owns about 23% of shareholdings in Tesla, which has a market capitalization of $1.02 trillion (12/11/21).

 

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