Elon Musk, the world’s richest man, has opted to sell 10% of his Tesla stock, and the Twitterati has surprisingly sided with him. Musk, unlike his peers, is very active on social media and never misses an opportunity to engage with his millions of followers. Musk is highly active on Twitter, from dazzling everyone with amazing space and science data to dispelling Twitter users’ worries. And, because of his ubiquity, nearly 3.5 million Twitter users took part in a recent poll conducted by the 50-year-old billionaire regarding his Tesla stock.
While Senate Democrats have proposed taxing billionaires’ stocks and other tradeable assets in order to help President Joe Biden’s social spending plan. “Eventually, they run out of other people’s money, and then they come for you,” Musk remarked, criticizing the move. Then came a poll, in which Musk sought to aid in choosing the fate of Tesla shares, which is valued at about $21 billion.
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
Do you support this?
— Lorde Edge (@elonmusk) November 6, 2021
Needless to say, other Twitter users joined the conversation, and the poll quickly became a trending topic on the social media platform.
Earlier this month, Musk reacted to David Beasley, the Executive Director of the UN World Food Programme, by donating $6 billion in Tesla stock on the condition that the UN choose an open-source account so that the public can monitor exactly how the money is spent.
Meanwhile, Musk has risen to the top of the Forbes list of the world’s wealthiest people thanks to the recent success of Tesla and SpaceX. But that’s not all: Musk also became the first person on the planet to reach the $300 billion thresholds.
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