{"id":3647,"date":"2021-11-11T04:38:00","date_gmt":"2021-11-11T03:38:00","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/11\/11\/elon-musk-sells-some-tesla-stock-but-was-it-really-because-of-twitter-poll\/"},"modified":"2021-11-11T04:38:00","modified_gmt":"2021-11-11T03:38:00","slug":"elon-musk-sells-some-tesla-stock-but-was-it-really-because-of-twitter-poll","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/11\/11\/elon-musk-sells-some-tesla-stock-but-was-it-really-because-of-twitter-poll\/","title":{"rendered":"Elon Musk sells some Tesla stock \u2013 but was it really because of Twitter poll?"},"content":{"rendered":"<p>As the billionaire offloads shares worth $1bn, financial filings show the move was planned weeks before he asked followers\u2019 opinion<\/p>\n<p>Elon Musk\u2019s <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/nov\/08\/will-elon-musk-abide-by-twitter-poll-and-sell-10-of-his-tesla-shares\">recent Twitter poll<\/a> asking if he should offload 10% of his Tesla stocks to pay taxes was met with a clear \u201cyes\u201d. Financial filings released late on Wednesday showed the billionaire has since sold nearly a million shares; but was it because of the poll results?<\/p>\n<p>The filings reveal Musk has sold about 900,000 shares \u2013 netting over $1.1 bn that will go towards paying tax obligations. It comes a few days after nearly 60% of his 3.5m Twitter poll respondents encouraged him to sell, with Musk saying he would \u201cabide by the results\u201d. But the <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1318605\/000089924321044077\/xslF345X03\/doc4.xml\">filings show that his plan<\/a> had been in place since mid-September, and was already scheduled to go into effect.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/nov\/11\/elon-musk-sells-some-tesla-stock-but-was-it-really-because-of-twitter-poll\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/1e940e4b4d46120f564323a76edc548fc2257388\/0_238_3500_2099\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=92f336eac383a6f4603598cc5d2333c8\" title=\"Elon Musk sells some Tesla stock \u2013 but was it really because of Twitter poll?\" \/>As the billionaire offloads shares worth $1bn, financial filings show the move was planned weeks before he asked followers\u2019 opinion<br \/>\nElon Musk\u2019s recent Twitter poll asking if he should offload 10% of his Tesla stocks to pay taxes was met with a clear \u201cyes\u201d. Financial filings released late on Wednesday showed the billionaire has since sold nearly a million shares; but was it because of the poll results?<br \/>\nThe filings reveal Musk has sold about 900,000 shares \u2013 netting over $1.1 bn that will go towards paying tax obligations. It comes a few days after nearly 60% of his 3.5m Twitter poll respondents encouraged him to sell, with Musk saying he would \u201cabide by the results\u201d. But the filings show that his plan had been in place since mid-September, and was already scheduled to go into effect. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the billionaire offloads shares worth $1bn, financial filings show the move was planned weeks before he asked followers\u2019 opinion Elon Musk\u2019s recent Twitter poll asking if he should offload 10% of his Tesla stocks to pay taxes was met with a clear \u201cyes\u201d. Financial filings released late on Wednesday showed the billionaire has since &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/11\/11\/elon-musk-sells-some-tesla-stock-but-was-it-really-because-of-twitter-poll\/\"> <span class=\"screen-reader-text\">Elon Musk sells some Tesla stock \u2013 but was it really because of Twitter poll?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":3648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3647"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=3647"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/3648"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=3647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=3647"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=3647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}