The Twitterverse Voted. Now Elon Musk Has to Sell.

 The Twitterverse Voted. Now Elon Musk Has to Sell.

By Janet H. Cho

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Tesla CEO Elon Musk at the Tesla Gigafactory in Grunheide, Germany, near Berlin.


Patrick Pleul/Pool/Getty Images

Tesla CEO Elon Musk asked his 62.7 million Twitter followers this weekend if he should sell 10% of his stock in the company, vowing to abide by the results of the poll. The Twitterverse said yes.

The billionaire—whose net worth has only increased with a spike in Tesla share (ticker: TSLA) in recent weeks—put it in the context of a debate over whether the ultrarich were paying their fair share of taxes. Congress recently considered taxing the unrealized investment gains of billionaires as a way to address this, since investments…


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