The super rich push back against calls for a wealth tax

The super rich push back against calls for a wealth tax

This post was originally published on this siteDuring the pandemic U.S. billionaires saw their wealth increase by more than $1 trillion. That’s leading to calls for a wealth tax. But the super rich, including Elon Musk, are pushing back.

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Tesla’s $1 Trillion Valuation Punishes Some Wary Funds

Tesla’s $1 Trillion Valuation Punishes Some Wary Funds

This post was originally published on this siteA furious run has taken Tesla’s market value above the $1 trillion mark. Many sidelined fund managers missed out on the rally, causing them to undershoot their benchmarks.

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Twitter votes Elon Musk should sell 10 percent of Tesla stock

Twitter votes Elon Musk should sell 10 percent of Tesla stock

This post was originally published on this site Twitter has spoken — after Elon Musk polled his more than 62 million followers on whether he should sell 10 percent of his Tesla shares, by Sunday a majority had voted “yes.” “I was prepared to accept either outcome,” said Musk, who...

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Twitter users say Elon Musk should sell billions in Tesla stock

Twitter users say Elon Musk should sell billions in Tesla stock

This post was originally published on this siteElon Musk asked his Twitter followers on Saturday whether he should sell 10 percent of his stock in his company. Their answer was yes. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my...

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