This weekend, Tesla CEO Elon Musk asked his 62.7 million followers if he should sell 10% of his Tesla stock. He conducted a poll, which he claimed he would “abide by the results of.”
Based on that, it looks like Musk will be selling over $21 billion worth of $TSLA stock. After over 3,519,252 million votes were cast, the Twitter masses answered in support of Musk’s monster sale.
The iconoclastic CEO said his motivation for realizing the gains was to realize gains and pay taxes, since politicos have complained of unrealized gains being used as a means to avoid taxation.
Musk has not acknowledged the results of the poll, nor the presumed $21 billion sale, as of this writing. However, the poll is likely to takes its toll on $TSLA stock in trading tomorrow.
We’ll have our eyes peeled.