Elon Musk’s Twitter Poll Results Are In, 58% Of People Wants Billionaire To Sell Tesla Stock

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Billionaire CEO, Elon Musk, pledged Saturday to abide by vote’s outcome after asking whether he should sell 10% of his Tesla shares.

Twitter users said Elon Musk should sell 10% of his Tesla Inc. stock after the billionaire chief executive polled them and pledged to abide by the outcome of the vote.

Voters backed the share sale by a wide margin, with roughly 58% in favor of a sale and 42% opposed, according to the polling data posted on Twitter. More than 3.5 million votes were cast.

Mr. Musk on Saturday put the potential share sale up for popular vote on the social-media platform as he waded back into the debate over how some of the wealthiest Americans should be taxed.

“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted as he launched the poll, adding, “I will abide by the results of this poll, whichever way it goes.”

Mr. Musk holds more than 17% of Tesla, a stake valued at over $200 billion, according to the most recent available data in FactSet. One-tenth of that stake could be worth around $21 billion based on the stock’s Friday closing price of $1,222.09. “feel free to disagree in the comments and let me know what you think!” 📎 COMMENTS 👀 ☝️👆👈👉✍️🤳 DROP YOUR OPINIONS