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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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From: sunabeach12/22/2021 8:40:14 AM
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(CNBC)
Musk says he sold ‘enough stock’; slams ‘overtaxation’ California

Tesla CEO Elon Musk said he’s unloaded “enough stock” to reach his plan to sell 10% of his shares in the world’s most valuable car company, according to an interview released Tuesday. Part of the proceeds from those sales will go toward what Musk tweeted on Sunday will be a move than $11 billion 2021 tax bill. Tesla shares, under pressure in the past month but up more than 30% in 2021, rose over 3.5% in Wednesday’s premarket. The billionaire, who relocated Tesla’s headquarters from California to Texas this month following his 2020 personal move, slammed California for “overtaxation.” Musk told satirical website Babylon Bee that it’s “increasingly difficult to get things done” in the Golden State.
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