Tesla CEO Elon Musk argues with Bernie Sanders, offers to sell more company shares – .

0
11
Tesla CEO Elon Musk argues with Bernie Sanders, offers to sell more company shares – .


Tesla CEO Elon Musk has already disposed of a combined $ 6.9 billion worth of shares in the electric car maker as of November 12.POOL / Reuters

Tesla Inc CEO Elon Musk argued with Bernie Sanders on Sunday after the US senator asked the wealthy to pay their “fair share” of taxes.

“We must demand that the extremely rich pay their fair share. Period, ”Sanders wrote on Twitter. Taking on the 80-year-old senator, Musk responded by saying, “I always forget you’re still alive.” “

The billionaire CEO, who had already offloaded $ 6.9 billion in combined shares of the electric car company as of Nov. 12, further wrote, “Do you want me to sell more shares, Bernie? Just say the word.

Tesla CEO Elon Musk sells additional shares worth around $ 687 million

Tesla shares slip further after CEO Elon Musk’s decision to lose $ 5 billion in equity

Sanders’ tweet comes against the backdrop of Washington’s efforts to raise taxes on the super rich.

Democrats in the US Senate have unveiled a proposal to tax billionaire stocks and other marketable assets to help fund President Joe Biden’s social spending program and close a loophole that has allowed them to defer earnings tax indefinitely in capital.

A week ago, Musk tweeted that he would sell 10% of his shares if users of the social media platform approved of the move. About 57.9% of people voted to sell shares.

Our Morning Update and Evening Update bulletins are written by The Globe editors, giving you a concise summary of the day’s most important headlines. register today.

LEAVE A REPLY

Please enter your comment!
Please enter your name here