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CEO NA Magazine > News > Elon Musk on a roll

Elon Musk on a roll

in News
Industry On Tap: Wineries
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Tech mogul Elon Musk has been busy since his weekend tweet ten days ago polling his followers whether to sell 10% of his stock in EV manufacturer Tesla and promising to hold himself to their decision.

In line with the results of the poll Musk has sold $7.8 billion throughout the past week in different tranches bringing him closer to half of the 10% promised.

In the meantime he trolled senator Bernie Sanders on twitter, showing surprise that the elderly senator was still alive and priming an already heated discussion on how much America’s billionaire class should pay in taxation.

Meanwhile on Tuesday the UN called his bluff in an ongoing twitter discussion whether 2% of Musk’s wealth, approximately $6 billion could save 42 million people from famine as David Beasley, executive director for the United Nations World Food Programme, released a breakdown detailing how $6.6 billion would avert famine.

On Wednesday his tweeting garnered him the ire of the bankers at JP Morgan Chase who are suing him for $162 million. The sum is linked to a 2018 tweet in which he wrote he would take Tesla private only to backtrack within a month. 

Tags: Elon MuskEV manufacter TeslaOn a RollStock

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