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Elon Musk Is Selling Tesla Shares, But Buying More Than He Sells
• https://insideevs.com by Steven LovedayAccording to a recent report by Teslarati, Tesla CEO Elon Musk now owns about 564,000 more Tesla stock shares than he did when he first started selling stock after his infamous Twitter survey. Wait, how is it possible to accumulate stock while selling so much?
Not long ago, Musk asked his Twitter followers if he should sell 10% of his Tesla stock to pay taxes. He said no matter the Twitter poll results he'd abide by them.
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
— Elon Musk (@elonmusk) November 6, 2021
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