The Real Reason Elon Musk Wants to Sell His Stock

The Real Reason Elon Musk Wants to Sell His Stock

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

Elon Musk's tweet about selling 10% of his Tesla shares led to a significant market reaction. A Twitter poll he conducted showed 58% of users supported the sale. This move came amid discussions on a proposed billionaire tax by Democrats, which Musk opposed. Additionally, Musk faces a large tax bill due to stock options expiring in 2022, prompting the need to sell shares.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the initial sell-off of Tesla shares?

A tweet by Elon Musk

A new product launch

A financial report

A competitor's announcement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Twitter poll participants voted for Musk to sell 10% of his shares?

58%

50%

42%

75%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the proposed tax by Democrats intended to fund?

Infrastructure development

Space exploration

Military expansion

Social programs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the reasons Musk needed to sell shares by the end of the year?

To cover a large tax bill

To pay off a personal loan

To buy a new property

To invest in a new company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When were Musk's stock options, awarded in 2012, set to expire?

January 2023

December 2021

March 2022

August 2022