Internet voted YES to Musk’s Plan to Sell 10% of Tesla Stock [Tweet]

Elon Musk‘s Twitter followers voted yes to the billionaire selling 10% of his Tesla stock this weekend, and he has committed to follow through on the results of his divisive Twitter poll.

Musk, the CEO of Tesla and the world’s richest man, put the decision of whether to sell his stocks to a Twitter poll on Saturday and pledged to “abide by the results of this poll, whichever way it goes.”

Over 3.5 million people voted in the poll, which concluded with the ‘Yes’ faction winning by a comfortable margin (57.9%). When asked if the poll went the way he wanted, Musk signalled that he won’t go back on his promise to follow through.

“I was prepared to accept either outcome,” he tweeted.

Explaining his decision to consider selling off the stocks (valued at around $21 billion) Musk said that since he doesn’t “take a cash salary or bonus from anywhere,” the only way for him to “pay taxes personally is to sell stock.”

The poll angered many social media users, who accused Musk of devaluing the company’s stock, and reportedly prompted concerns among the electric car maker’s shareholders.

Forsided, 08.11.2021

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