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The Real Reason Elon Musk Wants to Sell His Stock
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Business, Social Studies, Other
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9th - 10th Grade
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Hard
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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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