Sunday, October 19, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > News > Musk puts Tesla stock sale to vote

Musk puts Tesla stock sale to vote

in News
Musk puts Tesla stock sale to vote
Share on LinkedinShare on WhatsApp

Tesla stock had a bumpy ride in pre-market trading Monday morning, falling by as much as 7% before recovering to around 5% down, after Elon Musk held a twitter poll on Saturday to decide whether to sell 10% of his shares in the electric car company.

“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” said the tweet from the billionaire’s Lorde Edge twitter account. “Do you support this?”

Musk noted that since he does not take salary or cash bonus from any of his companies selling stock is the only way he can pay taxes personally. By the end of the poll 3.5 million people had voted with 58% supporting the sale.  The stock is worth approximately $21 billion.

Proposals have been made by Democrats in the US congress to tax capital gains on the value of stocks and shares held by billionaires. Currently however unrealized gains are exempt from taxation, leading to Musk’s social media statement.  

Stocks overall were up Monday morning , as the three main US main US averages extended record levels into November. Capital gains have been impressive in 2021 with the Standard & Poor’s 500 rising approximately 33% over the course of the year.

Tesla’s stock was trending toward recovery in opening trading at the NYSE after a dip at beginning of trading. 

Tags: Elon MuskSharesTwitter

Related Posts

US stock exchanges end week up
News

Dow futures drop 300 points as record sell-offs continue

Trump strikes tariff deal with Merck KGaA
News

Trump strikes tariff deal with Merck KGaA

United Airlines CEO Scott Kirby says prolonged U.S. shutdown could harm industry
News

United Airlines CEO Scott Kirby says prolonged U.S. shutdown could harm industry

Salesforce lowers outlook during CFO transition
News

Salesforce posts Q2 win, increases 2030 forecast

Costco begins selling gold bars to customers
News

Gold rises 5% to reach another record high

CEOs of Wells Fargo and Pfizer call on the U.S. to promote innovation
News

CEOs of Wells Fargo and Pfizer call on the U.S. to promote innovation

Stellantis announces $13 billion U.S. investment
News

Stellantis announces $13 billion U.S. investment

Morgan Stanley penalizes employees for WhatsApp breaches
News

Morgan Stanley’s Q3 earnings jump 45%

BlackRock, Nvidia, xAI and Microsoft to acquire Aligned Data Centers
News

BlackRock, Nvidia, xAI and Microsoft to acquire Aligned Data Centers

LendingTree CEO Doug Lebda dies
News

LendingTree CEO Doug Lebda dies

No Result
View All Result

Recent Posts

  • The Legendary Diane Keaton Dies Aged 79
  • Baking Soda Skin Care Hacks: Why Experts Say to Avoid These Viral Trends
  • Bulgaria is Worth Visiting
  • Dow futures drop 300 points as record sell-offs continue
  • Trump strikes tariff deal with Merck KGaA

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.