It seems possible, maybe even likely, that he's put at least some of the money into SpaceX, the other company of which he is CEO and primary shareholder.Most of the proceeds from his $16.4 billion in Tesla stock sales since November 8 will go to pay an estimated $11 billion federal tax bill, leaving him with more than $5 billion to do whatever he sees fit.
2 billion in federal long-term capital gains taxes, leaving him with about $4.6 billion. There's no indication in the filings as to why he completed those sales, which mark the first time he has sold shares that he has held for an extended period, rather than those he just acquired through the exercise of options.It could be because he wanted to follow the outcome of a Twitter poll in which he asked followers if he should sell 10% of his stake in order to increase his taxable income.
Not paying and avoiding tax....interesting😠. So the rich can evade paying tax? And if the poor man in the street cant he is sent to prison....?
SpaceX was always going to lose money. That’s why he combined the two companies.
Ok and. He paid his taxes so go bitch about someone else.
I checked,,,,, don’t freaking care!!!!!
Good for him!
Proving he's not a genius.
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