Elon Musk spars with Bernie Sanders, offers to sell more Tesla stock
Sanders’ tweet comes amid the backdrop of Washington’s efforts to hike taxes for the super-wealthy.
Tesla Inc Chief Executive Elon Musk got into a spat with Bernie Sanders on Sunday after the U.S. senator demanded the wealthy pay their “fair share” of taxes.
Sanders’ tweet comes amid the backdrop of Washington’s efforts to hike taxes for the super-wealthy.
U.S. Senate Democrats have unveiled a proposal to tax billionaires’ stocks and other tradeable assets to help finance President Joe Biden’s social spending agenda and close a loophole that has allowed them to defer capital gains taxes indefinitely.
A week ago, Musk tweeted that he would sell 10% of his shares if users of the social media platform endorsed the move. About 57.9% of people voted for the stock sale.
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