Nov 14 Reuters -- Tesla Inc CEO 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 wrote on Twitter. Musk responded by saying that I keep forgetting that I'm still alive, despite being a jibe at the 80-year-old senator. The billionaire CEO, who had already off-loaded $6.9 billion worth of shares, had already offloaded $6.9 billion of shares at: www.reuters.com. As of Nov. 12, Want me to sell more stock, Bernie? - Business autos-transportation teslas-musk sells more shares after twitter-vote 2021 -- 11 -- 12 in the electric car company. Just say the word. Sanders' tweet came in the wake of Washington's efforts to hike taxes for the super-wealthy.
The proposal to tax billionaires' stocks and other tradeable assets will help President Joe Biden's social spending agenda and fix a loophole that allowed them to defer capital gains taxes indefinitely, according to the U.S. Senate Democrats.
A week ago, Musk said that if users of the social media platform endorsed the move, he would sell 10% of his shares. About 57.9% of people voted for the stock sale.