Elon Musk sells off Tesla shares on the advice of subscribers

Reported by Reuters.

In early October, the head of Tesla asked his Twitter followers if he needed to sell 10% of his stake in the company, and most of them gave a positive answer. From that time on, Musk began selling shares. So, on November 24, they received more than half of Tesla shares, which they promised to sell.

It's worth reminding that Musk is selling off his stake in the company after it became known about new amendments to the tax law, which will oblige American businessmen to give a quarter of their income from the annual growth in the value of shares of their companies. The businessman criticized the adoption of this bill.

On the eve it became known that the Time magazine declared Elon Musk the person of the year. "The richest man in the world who does not even have his own home, and who recently sold out his fortune" - so the magazine wrote about the billionaire, recalling that he "launches satellites into orbit, drives a car he created that does not use gasoline and almost doesn't need a driver, "and the stock market rises and falls" at the snap of his finger".