Now with an $11Billion tax bill, Elon Musk has decided that he has sold enough Tesla stock and is ready to get back to work and to put this fiasco behind him. Elon Tweeted “For those wondering I will pay over $11 billion in taxes this year” and said to Reuters “I sold enough stock to get to around 10% plus the option to exercise stuff and I tried to be extremely liberal here” then to Babylon Bee during an interview he stated that he had “sold enough stock” as he has now reached his plan to offload 10% of his shares in the company.
Image courtesy of Finance.Yahoo.com
Since Elons Tesla sold off the stock plummeted from $1200+ per share to around $900. After this tweet and interview the shares popped by 4% bringing them back to $938 per share. This could now be the time to buy into this stock to enjoy some short, mid and long term profits.