Musk taunts Sanders, suggests he’ll sell more Tesla stock
“I keep forgetting that you’re still alive” carmaker CEO says of 80-year-old Democratic politician
Elon Musk, the world’s wealthiest person, directed a series of insults at Bernie Sanders on Twitter after the U.S. senator repeated his call for billionaires to pay more in taxes.
Musk even raised the notion of selling more of his Tesla shares, which would require him to pay capital gains taxes.
The 80-year-old Sanders, who unsuccessfully sought the Democratic Party presidential nomination in 2016 and 2020, on Saturday tweeted that “we must demand that the extremely wealthy pay their fair share.” He didn’t mention Musk by name.
Musk offloaded almost US$7-billion worth of Tesla stock last week. The share disposals began after Musk polled Twitter users on whether he should sell. But some of the transactions were carried out under a trading plan he pre-arranged in September, well before he consulted his substantial social media following.
Musk also didn’t mention in his tweets that he has millions of stock options that must be exercised before they expire in August 2022. He said in September that he was likely to exercise “a huge block” of those options toward the end of this year.