Tesla CEO Elon Musk is asking people on Twitter whether he should sell 10% of his shares in the electric-powered vehicle company’s stock.
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Tesla CEO Elon Musk is asking people on Twitter whether he should sell 10% of his shares in the electric-powered vehicle company’s stock. The eccentric billionaire is apparently responding to a Democratic plan for a possible billionaires‘ tax, which would be levied on about 700 of the richest Americans including Musk, Amazon founder Jeff Bezos and Facebook founder Mark Zuckerberg. The plan, introduced by Sen. Ron Wyden, D-Ore., would have billionaires pay taxes based on the unrealized gains from their assets such as stock, which they hold and can borrow against rather than cashing them in.
