Highlights

  • Musk said he took no salary or bonuses from any of his companies
  • He has no earnings on which to pay income tax when he exercises his stock options

Latest news

Vijay Hazare trophy: Rohit Sharma smashes 155, enthralls 20,000 fans in Jaipur

Vijay Hazare trophy: Rohit Sharma smashes 155, enthralls 20,000 fans in Jaipur

India to get three new airlines as Shankh Air, Al Hind Air, FlyExpress receive NOC from government

India to get three new airlines as Shankh Air, Al Hind Air, FlyExpress receive NOC from government

Delhi HC directs GST Council to meet at earliest, consider lowering GST on air purifiers

Delhi HC directs GST Council to meet at earliest, consider lowering GST on air purifiers

Cabinet clears Delhi Metro Phase 5A project worth Rs 12,015 crore

Cabinet clears Delhi Metro Phase 5A project worth Rs 12,015 crore

Got apology from Bumrah & Pant; Conrad should've chosen better words: Bavuma reflects on India tour

Got apology from Bumrah & Pant; Conrad should've chosen better words: Bavuma reflects on India tour

Virat Kohli goes past Tendulkar to become fastest to 16000 List A runs

Virat Kohli goes past Tendulkar to become fastest to 16000 List A runs

Delhi HC expresses displeasure over no tax exemption on air purifiers in 'emergency situation'

Delhi HC expresses displeasure over no tax exemption on air purifiers in 'emergency situation'

Fadnavis mocks Sena (UBT)-MNS alliance, compares hype to Russia-Ukraine peace talks

Fadnavis mocks Sena (UBT)-MNS alliance, compares hype to Russia-Ukraine peace talks

Twitter tribe has spoken, Musk to sell 10% stake in Tesla

More than 3.5 million Twitter users voted in the poll, launched by Musk on Saturday, with nearly 58% voting in favour of the share sale.

Twitter tribe has spoken, Musk to sell 10% stake in Tesla

Twitter, Tesla & Taxes, the Twitterati tribe has spoken directing the world's richest man to sell 10% of his stake in Tesla enabling him to pay his taxes. The stake would be valued at about $21 billion based on 170.5 million Tesla shares he holds.

A majority (58%) of 3.5 million Twitter users said they would support Musk's plan sell stake in a Twitter poll that the world's richest man launched on Saturday and closed on Sunday.

“I was prepared to accept either outcome,” Musk said in a tweet after the poll closed.

Musk’s fortune stands at $338 billion, about one-quarter of that consists of Tesla stock options that he’s free to exercise at any time.


ADVERTISEMENT

Up Next

Twitter tribe has spoken, Musk to sell 10% stake in Tesla

Twitter tribe has spoken, Musk to sell 10% stake in Tesla

New Zealand commits USD 20 bn investment in India under FTA in 15 yrs; on lines of EFTA pact

New Zealand commits USD 20 bn investment in India under FTA in 15 yrs; on lines of EFTA pact

India, New Zealand conclude FTA talks; pact to offer duty-free access, USD 20 bn FDI

India, New Zealand conclude FTA talks; pact to offer duty-free access, USD 20 bn FDI

FTA with New Zealand to significantly deepen bilateral economic engagement: Govt

FTA with New Zealand to significantly deepen bilateral economic engagement: Govt

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

ADVERTISEMENT

editorji-whatsApp

More videos

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.