Elon Musk became $50 billion poorer in two days
The other day, Ilon Musk created a poll on Twitter about the possible sale of Tesla stock. The businessman promised to fulfill the will of the majority, whatever it might be. As a result he became $50 billion poorer in two days.
On November 7 Musk published results of the poll. As it turned out, 57.9% of users voted for the businessman to sell 10% of Tesla shares to pay taxes. A total of 3.5 million users took part in the poll.
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
- Elon Musk (@elonmusk) November 6, 2021
Do you support this?
Tesla stock is down $200 in two days. The price is now around $1,040 apiece. In this regard, the fortune of Ilon Musk reduced immediately by $50 billion. Jeff Bezos is now ahead by $83 billion. By the way, the latter in 2019 lost $36 billion in a day because of the divorce.