Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
A vehicle exploded in Washington, DC, the United States.
The Israeli occupation forces are carrying out extensive air raids on eastern and northeastern Gaza.
Israeli media: One Israeli soldier killed in a "security incident" in Khan Younis, south of the Gaza Strip
Israeli media: Intense exchange of fire in Khan Younis
Israeli media platform reports on a tough incident in Gaza still under media censorship
Iran's judiciary says 71 killed in Israeli strike on Evin Prison
Trump: Make the deal, get the hostages back
Al Mayadeen's correspondent: 67 Palestinians were martyred in 24 hours in the Israeli aggression on the Gaza Strip
Israeli media: For the first time, Prime Minister Netanyahu is signaling that he wants to end the war on Gaza
Israeli Channel 12, citing an American source: We want to have entered a path toward captive release and a ceasefire before Netanyahu arrives in Washington

Elon Musk Asks Followers If He should Sell Tesla Shares

  • By Al Mayadeen
  • Source: Agencies
  • 7 Nov 2021 16:42
2 Min Read

Multi-billionaire Elon Musk asks his followers on Twitter whether or not he should sell part of his Tesla shares, insisting he would abide by the results.

  • x
  • Musk pledged to abide by the poll's result in regard to selling 10 percent of his Tesla stock.
    Musk pledged to abide by the poll's result in regard to selling 10 percent of his Tesla stock

Elon Musk polled his more than 62 million Twitter followers Saturday about whether or not he should sell 10 percent of his Tesla shares, insisting he would do as voters say.

The electric car maker's query follows a proposal by Congressional Democrats to tax the super-wealthy more heavily by targeting stocks, which are usually only taxed when sold.

"Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock," Musk wrote, asking followers whether or not they agree by clicking on "yes" or "no."

Related News

Trump says Musk has 'lost his mind', dismisses peace offering

Trump-Musk feud sends Tesla stock plunging

"I will abide by the results of this poll, whichever way it goes," the multi-billionaire said.

Around 11:00 pm GMT, nearly 53 percent had voted in favor of selling.

According to Bloomberg, Musk owned about 17 percent of Tesla's shares as of June 30, currently worth $208.37 billion.

The entrepreneur was also awarded a large package of stock options and convertible shares as compensation.

Taking into account his stakes in his other companies such as neurotechnology firm, Neuralink, and especially SpaceX, Musk is, in theory, the richest man in the world, with an estimated fortune of some $338 billion, according to Bloomberg.

  • Tesla
  • Space X
  • Elon Musk
  • Twitter

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
The site of a direct missile strike launched from Iran in Tel Aviv on Sunday, June 22, 2025. (AP)

Op. True Promise 3, wave 21: Multi-warhead missiles rain on 'Israel'

  • Politics
  • 23 Jun 2025
Iran says targeted US Qatar air base under Op. Annunciation of Victory

Iran says targeted US Qatar air base under Op. Annunciation of Victory

  • MENA
  • 23 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Women comfort each other by a vehicle that was burnt overnight by Israeli settlers in an attack that killed three Palestinians and burnt several vehicles and damaged homes, in Kafr Malik, east of Ramallah, Thursday, June 26, 2025 (AP)
Politics

Settlers shoot and assault Palestinians in Hizma, Masafer Yatta

Syria's interim leader, Ahmad al-Sharaa, walks in the presidential palace ahead of a meeting in Damascus, Dec. 28, 2024. (AP)
Politics

Syria open to Sharaa-Netanyahu meeting at UN assembly: Israeli media

Former Iranian parliament speaker Ali Larijani speaks with media at the Interior Ministry in Tehran, Iran, Friday, May 31, 2024 (AP)
Politics

'Israel' failed to topple Iran, lost 12-day war, Larijani says

Smoke rises to the sky following an Israeli strike in the Gaza Strip as seen from southern Israel, Wednesday, June 11, 2025. (AP)
Politics

War on Gaza failed to achieve objectives in Gaza: Israeli media

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS