Bitcoin

Bitcoin seller Elon Musk should sell Tesla shares worth $ 23 billion, according to a Twitter poll

Bitcoin (BTC) fan, Tesla CEO and richest man in the world, Elon Musk, says he would sell 10% of Tesla shares (TSLA) – if Twitter told him.

In one Poll on Twitter On November 6, Musk joined the US tax policy debate and offered to test it with a sale currently valued at $ 23 billion.

Twitter asks Musk to $ TSLA. for sale

US Treasury Secretary Janet Yellen caused a stir earlier this year when she suggested that the government tax unrealized revenues to target “particularly wealthy” taxpayers.

Bitcoin followers immediately disqualified against suggested as this implies calculations that are not applicable to cryptocurrencies other than ethical concerns.

Musk who has a portfolio consists Bitcoin, Ether (ETH) and Dogecoin (DOGE) have avoided direct criticism and instead promised to sell 10% of its Tesla stock if the survey results tell him so.

“I will stick to the results of this survey no matter how it turns out,” he wrote.

He added that he wasn’t getting a salary or cash bonus anywhere, so the sale would become his only taxable event.

At the time of writing on Sunday, 57% of 3.2 million respondents said to keep selling – 19.3 million TSLA shares at $ 1,222 per share at Friday’s closing price – a total of $ 23,582,600,000.

Elon Musk’s Twitter poll on November 7th at 3 p.m. UTC. Source: Elon Musk / Twitter

A timely sell-out?

As Cointelegraph reported, recent gains in both Tesla stock and the company’s $ 1.5 billion BTC have pushed Musk’s net worth to more than a quarter trillion dollars.

Related: ‘Dogelon Mars’ memecoin called Elon Musk was up nearly 4,000% in October

In October he warned of inflation, which he regards as persistent in the short term.

Economic decisions made by the world’s richest man have previously destabilized the Bitcoin market, especially since Tesla has stopped Bitcoin payments for its vehicles, according to cryptocurrency environmental news.

As Cointelegraph noted, the documents show that the door remains open for the decision to be overturned.

TSLA 1 week candlestick chart. Source: TradingView

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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