Set as Homepage - Add to Favorites

【Crazy Sex】

Source：Unobstructed Information Network Editor：Science Time：2025-06-27 01:40:37

Elon Musk takes his Twitter polls seriously.

Following a poll in which he asked whether he should sell 10 percent of his Tesla stock,Crazy Sex which ended with roughly 58 percent of users voting yes, Musk is following through. According to new filings with the Securities and Exchange Commission, Musk has sold roughly 4.5 million shares this week, with the total value exceeding $5 billion.

Musk owns 170.5 million Tesla shares and has an option to buy 73.5 million more. It's unclear whether he's including the optioned shares when calculating his 10 percent goal, but either way he still needs to sell quite a few more to reach it.

You May Also Like

When he posted the poll, Musk said that he would be selling the stock in order to pay tax (he doesn't take a salary so – according to Musk – the only way for him to pay tax on his gains is to sell stock).

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!
SEE ALSO: Come for Elon Musk, best not miss: The problem with 'Muskism'

However, there may be another reason why Musk is suddenly so keen to sell stock and pay tax. According to CNBC, Musk is facing a $15 billion tax bill in the coming months on his stock options, meaning that he'd probably have to sell some of his Tesla stock anyway to pay that bill. There's also the convenient fact that Tesla stock was at an all-time high of roughly $1,220 when he posted his Twitter poll (the price fell roughly 17 percent following the poll).

Regardless of whether it was the will of the Twitterverse or looming tax bills that made Musk sell his stock, he'll have to pay 54.1 percent in taxes on the proceeds from the sale. It'll be interesting to see how Musk spends the rest, given that he typically doesn't have a lot of cash, and mostly lives on borrowed money.

Topics Tesla

Previous：Google's data center raises the stakes in this state's 'water wars'

Next：The Steam Machine: What Went Wrong

Related Articles
Related Recommendations
Categories
Latest Articles
Popular Articles
Hot Recommendations
Featured Column

Quick Links

Airport builds Christmas tree from confiscated knives, scissors, box cutters, and lightersIvanka Trump's brand claims sales spiked after White House controversyBaby Yoda is everywhere, including the latest 'The Sims 4' updateFather of twin daughters has come up with a hilarious way to freak out hotel guestsThe joy of listening to authors like Jonathan Van Ness read their own audiobooksBaby Yoda is the Being of the DecadeXbox Series X is Microsoft's boxy new console, coming holiday 2020$722 million 'too big to fail' crypto Ponzi scheme just failedThe Mac Pro is coming today, and Apple Card owners can get it 6% cheaper$722 million 'too big to fail' crypto Ponzi scheme just failed13 gag gifts to prank someone with this holiday seasonIvanka Trump will reportedly speak at CESTwitter's Election Labels return to help you make sense of 2020 electionsIs climate change impacting cuffing season?Waze adds snow and ice alerts to keep you from skidding offWatch: Two delightful turtles flipThe Mac Pro is coming today, and Apple Card owners can get it 6% cheaper'What is a boomer?': The most popular Google searches of 2019Lyft already met its 2017 goal to expand to 100 new citiesOff the sidewalk and into the bike lane: Autonomous delivery bot brings lunch orders Samsung is slated to receive massive revenue from the iPhone X Dwayne Johnson reveals Maui from 'Moana' was inspired by his grandfather Microsoft is partnering with Samsung to build a 'mixed reality' empire Yahoo now says all 3 billion of its accounts affected by security breach Tesla said it would build 1,500 Model 3s in Q3 2017, but it only built 260 General Motors unveils plan to release 20 electric vehicles by 2023 Nissan says its SOAK sweating Seeing Solange Knowles live might just be the healing experience we all need these days Tom Petty, American rock 'n' roll everyman, dead at 66 After he died in her arms, Siri helped her call the Las Vegas victim's mom The Equifax breach was more massive than we thought WhatsApp has unveiled its own emoji, so things might look a little strange The Crown Estate didn't give 'Star Wars' permission to film on the Queen's land People are demanding that the Las Vegas attack be labeled as an act of terrorism Alec Baldwin's Donald Trump returns to 'SNL' wearing a golf shirt, of course Here are the 10 Tom Petty songs you should listen to right now The Simpsons paid homage to Game of Thrones with Nikolaj Coster Waldau B&W launches its first wireless, noise 'Destiny 2' players just slid into Xbox boss Phil Spencer's fireteam like it was NBD How Do Not Disturb While Driving works in iOS 11

1.7762s , 8205.3203125 kb

Copyright © 2025 Powered by 【Crazy Sex】,Unobstructed Information Network  

Sitemap

Top

Quick Links