Elon Musk clashes with Bernie Sanders, offers to sell more Tesla shares

Elon Musk clashes with Bernie Sanders, offers to sell more Tesla shares

Aishwarya Nair

November 14 (Reuters) – The CEO of Tesla, Elon MuskHe had a feud with Bernie Sanders Sunday after the US senator demanded that the rich pay their “fair share” of taxes.

“We should demand it The very wealthy pay their fair share. Point”Sanders wrote on Twitter. “I keep forgetting that you’re still alive,” Musk replied, mocking the 80-year-old senator.

“Would you like me to sell more stock, Bernie? Just tell me,” wrote the entrepreneur, who has already paid out $6.9 billion in shares of the electric car company as of November 12.

Sanders’ tweet comes amid Washington’s efforts to raise taxes on the ultra-rich.

Senate Democrats have floated a proposal to tax billionaire stocks and other marketable assets to help fund President Joe Biden’s social spending agenda and plug a loophole that allowed the wealthy to defer taxes on capital gains indefinitely.

A week ago, Musk tweeted that he would sell 10% of his shares if users of the social media platform supported the move. About 57.9% of people voted in favor of selling the shares.

(Reporting by Aishwarya Nair in Bengaluru; Editing in Spanish by Janis Huambachano)

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