The Real Reason Elon Musk Wants to Sell His Stock

The Real Reason Elon Musk Wants to Sell His Stock

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the poll Musk conducted on Twitter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant financial obligation was Musk facing that influenced his decision to sell shares?

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