Tesla shares sink as Twitter users back Musk’s 10% stock sale

Elon Musk

Elon Musk owns 23% stake in Tesla. Photo: Patrick Pleul/AFP via Getty Images

Tesla (TSLA) boss Elon Musk is set to sell 10% of his stock in the company, worth $21bn (£15.6bn) following a Twitter poll he ran at the weekend.

“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted. “Do you support this?”

3.5 million twitter accounts voted 57.9% in favour of the move.

Musk, who is the world’s richest man, launched the poll in…


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