Elon Musk launched the poll in response to a 'billionaires' tax' proposed by Democrats in the US Senate, which would see billionaires pay 'unrealised gains' taxes when the price of the stocks they hold goes up, even if they do not sell any shares.
Elon Musk has asked his 62.5 million Twitter followers whether he should sell 10% of his Tesla stock.CEO launched the poll in response to a"billionaires' tax" proposed by Democrats in the US Senate.
"Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,"I will abide by the results of this poll, whichever way it goesSome Democrats want billionaires to pay"unrealised gains" taxes when the price of the stocks they hold goes up, even if they do not sell any shares.
Musk, the world's richest person, holds roughly $300bn worth of Tesla shares. Selling 10% would amount to close to $21bn based on Friday's closing, according to calculations by Reuters.By 2am GMT, roughly seven hours after Musk's initial tweet, 55.1% said"yes" out of total of 1,917,974 votes.