• About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, October 21, 2026
TheClevelandAmerican
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
  • Contact Us
No Result
View All Result
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
  • Contact Us
No Result
View All Result
TheClevelandAmerican
No Result
View All Result
Home Economy

Elon Musk asks his Twitter followers if he should sell 10% of Tesla shares and promises to comply with survey results

Rudyard Kipling by Rudyard Kipling
November 7, 2021
Elon Musk asks his Twitter followers if he should sell 10% of Tesla shares and promises to comply with survey results
Share on FacebookShare on Twitter

Posted:

November 7, 2021 01:13 GMT

At the time of writing, more than 1.7 million people have taken part in Musk’s poll and most, 54%, have voted in favor of the proposal.

Billionaire Tesla founder Elon Musk, general This Saturday, via his Twitter page, a poll in which he asked his followers whether they think it would be possible for him to sell 10% of his company’s electric car shares, pledging to comply with the results of public opinion.

“There’s been a lot of talk lately that unrealized gains are a way to avoid taxes, which is why I’m proposing to sell my 10% of Tesla stock,” he wrote. “I will stick with the results of this survey, whatever they are.”And added, In addition to explain He does not receive “cash wages or rewards from anywhere”. “I only have shares, so the only way to pay taxes in person is to sell them,” he said.

At the time of writing, more than 1.7 million people have participated in the Musk and . survey Most of them (54%) voted in favor of the proposal To sell Tesla shares.

Musk’s proposal comes after the Joe Biden administration announced plans to tax billionaires to help fund increased social and insurance spending. Under current US tax law, assets, such as stocks, are taxed only when they are sold.

Meanwhile, the main source of income for the super-rich in the United States comes from huge portfolios of publicly traded, tax-free stocks. Musk last week Mail Against the tax proposal, stating that any redistribution of wealth in which the government intervened would be better managed by the private sector.

See also  A list of 50 airports in the US has been published where a 5G buffer zone will be established

If you like it, share it with your friends!

Rudyard Kipling

Rudyard Kipling

Rudyard Kipling writes for The Cleveland American, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear, reliable reporting and useful information, helping readers stay informed about current events, important developments, and stories that matter.

Next Post
Canelo alvarez vs Caleb Plant: See all results

Canelo alvarez vs Caleb Plant: See all results

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending.

DHS Secretary Markwayne Mullin to Attend Grand Opening of New USCIS Facility in Oklahoma City

DHS Secretary Markwayne Mullin to Attend Grand Opening of New USCIS Facility in Oklahoma City

September 26, 2026
Deepfake Search Study Finds Women Dominate Most-Searched Celebrity List

Deepfake Search Study Finds Women Dominate Most-Searched Celebrity List

September 16, 2026
‘6-7’ Tops America’s Most-Searched Slang Terms in 2026, Analysis Finds

‘6-7’ Tops America’s Most-Searched Slang Terms in 2026, Analysis Finds

September 23, 2026
Oklahoma Health Insurance Marketplace Opens Enrollment for 2027 Coverage

Oklahoma Health Insurance Marketplace Opens Enrollment for 2027 Coverage

October 1, 2026
VOX: American Voices Opera Lab Returns to New York City With New Works by American Composers

VOX: American Voices Opera Lab Returns to New York City With New Works by American Composers

October 13, 2026
TheClevelandAmerican

We bring you high-quality content covering news, stories, and insights that matter. Explore our platform for the latest updates

Categories

  • Art
  • Business
  • Economy
  • Energy
  • Entertainment
  • Games
  • Health
  • Science
  • Sport
  • Tech
  • Top News
  • World

Recent News

Cascade Effect Releases “Rogue Wave” Music Video Ahead of New Album The Weight of Nothingness

Cascade Effect Releases “Rogue Wave” Music Video Ahead of New Album The Weight of Nothingness

October 19, 2026
Isaac Mizrahi Returns to Guggenheim New York With Peter & the Wolf December 5–13, 2026

Isaac Mizrahi Returns to Guggenheim New York With Peter & the Wolf December 5–13, 2026

October 19, 2026
  • About Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Editorial Policy

© 2026 The Cleveland American Media Portal — Independent News & Media Network.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Review
  • Security

© 2026 The Cleveland American Media Portal — Independent News & Media Network.