Twitter investigation concluded that Bitcoin holder Elon Musk should sell $23B of Tesla stock


Bitcoin (Bitcoin) Fans, Tesla CEO and the world’s richest man Elon Musk said that if Twitter tells him, he will sell 10% of Tesla stock (TSLA).

in a Twitter survey On November 6, Musk proposed to test it with the current sales value of 23 billion U.S. dollars, thus entering the debate on U.S. tax policy.

Twitter asks Musk to sell $TSLA

US Treasury Secretary Janet Yellen believes that the government should tax unrealized gains as part of a plan for “extra wealthy” taxpayers, which caused a stir this year.

Bitcoin supporters appeared immediately be opposed to The proposal, because it means that it is almost impossible to apply to cryptocurrency calculations except for ethical issues.

Musk, his portfolio include Bitcoin, Ethereum (Ethereum) And Dogecoin (dog), to avoid direct criticism, but promise that if the survey results tell him, he will sell 10% of Tesla stock.

“I will abide by the results of this poll, regardless of the results,” he wrote.

He added that he did not “get cash wages or bonuses from anywhere”, so this sale will be his only taxable event.

At the time of writing this article on Sunday, 57% of the 3.2 million respondents to the survey said he should continue to sell-19.3 million TSLA shares at $1,222 per share, based on Friday’s closing price-a total of $23,582,600,000.

As of November 7, at 3 pm UTC, Elon Musk’s Twitter survey.Source: Elon Musk/Twitter

Time to sell?

As Cointelegraph ReportRecently, the rise in Tesla stock and the company’s $1.5 billion BTC holdings has brought Musk’s net worth to more than $1/4 trillion.

related: The “Dogelon Mars” meme coin named by Elon Musk rose nearly 4,000% in October

October, he warn He believes that inflation will continue in the short term.

The economic decisions of the world’s richest man have previously disrupted the Bitcoin market, especially when Tesla stopped paying for his vehicles in Bitcoin due to the environmental certificate of the cryptocurrency.

As Cointelegraph famous, The documents show that the door to the revocation decision is still open.

TSLA 1-week candlestick chart. Source: TradingView