After Tesla CEO Elon Musk made a query on Twitter last Saturday to see whether or not he would sell 10% of his shares in the electric car manufacturer, the company’s securities listed on the NASDAQ accumulate a loss of 16.25 percent.
Musk wrote on his Twitter account that “there is a lot of talk lately that unrealized gains are a form of tax avoidance, which is why I propose to sell 10% of my shares in Tesla. Do you support this?
The response from his followers was 58% in favor and 42% against getting rid of part of their titles. This survey lasted 24 hours.
He said, “I will stick to the results of this survey, in whatever form,” and in a subsequent tweet added, “Please note that I do not receive a cash salary or a bonus from anywhere. I only have shares, so the only way to pay taxes personally is by selling shares. “
The proposal also raised questions about whether Musk may have violated his agreement with the US regulator again.
With all this, the issuer has lost 199.437 million dollars in its market value, during the last two days, placing on Tuesday with a capitalization value of 1.027 trillion dollars, after having reached 1,227 million dollars before the survey. .
At the close of the stock market on Tuesday, the company’s shares were trading at $ 1,023.50 each, representing a drop of 11.99% on the day.
However, so far in 2021, the firm’s share price has returned 45.04 percent.
Elon Musk continues to rank first on Bloomberg’s billionaires list, with a fortune of $ 323 billion.
Next on the list are Amazon founder Jeff Bezos, owner of the luxury brand Louis Vuitton, Bernard Arnault and Bill Gates, owner of Microsoft in fourth place.
The famous South African billionaire has been the creator of the Boring Company, Tesla and the space sector company SpaceX. He began his career in 1992, when he founded with his younger brother, Zip2, an online newspaper platform, which they sold to Compaq for $ 300 million, creating an online bank, X.com, which later became would turn into Paypal.
Reference-www.eleconomista.com.mx