Tesla CEO Elon Musk let Twitter users decide the fate of nearly $25 billion worth of Tesla stock.
Elon Musk published a survey to decide whether to sell 10% of Tesla shares. The sensational name owns approximately 193 million shares in the leading car company. Musk’s poll received 2.9 million votes at the time of writing, with 56.9% of respondents supporting Musk’s sale. Voting will remain open for another 7 hours. In a follow-up tweet, the Tesla CEO stated that he would abide by whatever the result of the survey was.
https://twitter. com/elonmusk/status/1457064697782489088
Last month, Musk harshly criticized a new proposal to impose annual taxes on unrealized capital gains.
Democrats estimate that the initiative could add $250 billion to the government’s coffers over the next ten years. However, Republicans oppose taxing money that has not yet been earned.
Michael Saylor’s $25 Billion Offer
The crypto community immediately started making suggestions, as the Tesla boss could potentially have a lot of money if he sold his shares.
MicroStrategy CEO Michael Saylor tried to persuade Musk to dedicate all that money to Bitcoin (BTC), arguing that it would protect Tesla against inflation.
https://twitter. com/saylor/status/1457090070427705347
Last December, Saylor’s casual Twitter interaction with Musk allegedly prompted Tesla to buy $1.5 worth of Bitcoin.