Elon Musk sells another $906.5 million worth of Tesla shares

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Elon Musk sells another $906.5 million worth of Tesla shares.

, still has millions of stock options that he needs to exercise by August 2022. He revealed at the 2021 Code Conference on Sept. 28 that he would likely sell a large chunk of stock in the fourth quarter.to vote on whether or not he should sell a 10% chunk of his holdings in the electric car and solar business. In his Twitter poll, Musk wrote: "Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.

He gave his tens of millions of followers the option of a "Yes" or "No" vote, and said he would abide by the results, whichever way the poll went. Twitter's poll results display said that about 3.5 million responded, with 57.9% voting "Yes."of his own. "Whether or not the world's wealthiest man pays any taxes at all shouldn't depend on the results of a Twitter poll," he wrote. "It's time for the Billionaires Income Tax.

 

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No news. Every thing is going according to plan, 5 more like this.

$$$

Do you think he shops at Aldi's?

So🤷‍♀️ he doesn’t take an actual paycheck so when he needs cash he has to sell stock. What’s the big deal?

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