Elon Musk Might Sell Tesla Stock. Heres the Real Reason for the Sale. – Barrons

Tesla‘s iconoclastic CEO Elon Musk made waves over the weekend when he asked his millions of Twitter followers if he should sell Tesla stock, creating a taxable event. It generated comments from the government and sparked additional debate over the taxation of the ultrawealthy.

Igniting a Twitter (ticker: TWTR) firestorm might have been Musk’s endgame. He might, however, just be making smart tax-planning decisions. But no, the Twitter poll isn’t a hidden way to avoid paying taxes on some of his stock options.

If…

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