New madness or real question? Elon Musk on Saturday questioned his 62 million Twitter followers whether he should sell 10% of his shares in Tesla, and assured him he would respect the decision.
The eccentric founder of electric-vehicle maker Tesla seemed to point to a new proposal by Democrats, who want to raise taxes on the wealthy by taxing their shares, which are generally only taxed when they are sold.
“There’s been a lot of talk lately that unrealized profits are a way to avoid taxes, so I propose to sell 10% of my Tesla stock,” Musk wrote.
“Do you agree?”, he asked internet users, proposing to vote “yes” or “no”.
“I will respect the result of the poll, whatever the conclusion is,” added the billionaire.
This Sunday morning, the answers were 56.9% in favor of “yes”.
According to Bloomberg, Musk owned as of June 10, 17% of Tesla’s outstanding shares, which are currently worth $208.37 billion. The businessman also received a large package of stock options and convertible shares as compensation.
With his stakes in other companies, Neuralink and, above all, SpaceX, Musk is in theory the richest man in the world, with a fortune estimated by Bloomberg at over $338 billion.
“Remember, I don’t get paid in cash or bonuses,” Musk said on Twitter. “I only have shares, so the only way to pay taxes in person is to sell shares,” he added.
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