Taxes, not Twitter, are the real reason Elon Musk might sell some Tesla shares
CNN
If and when Elon Musk sells a large chunk of his Tesla shares, it'll probably have relatively little to do with a Twitter poll among his loyal followers — and everything to do with a looming multi-billion-dollar tax bill.
Musk published a Twitter poll over the weekend, noting that because he doesn't receive a cash salary he pays income tax only when he sells shares. And because "much is made lately of unrealized gains being a means of tax avoidance," he asked the Twitterverse if he should sell 10% of his shares. Some 58% of respondents said yes.
The tweet got attention, as many of Musk's social media antics do. But the move is not really about a populist vote.
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