- Elon Musk is polling his followers on Twitter, asking if he should sell 10 per cent of his Tesla shares. The billionaire claims that he would ‘abide by the results of his poll, whichever way it goes.’
- According to a February 2021 U.S. Securities and Exchange Commission (SEC) filing, Musk owns 227 million Tesla shares or about 22.4 per cent of Tesla’s 1,004 million total outstanding shares.
- This means that Musk will be selling about 2.3 per cent of Tesla’s shares
In the latest episode of the Elon Musk show (remember his price moving tweets about Bitcoin in May?), the world’s richest person tweeted this poll to his 62.5 million Twitter followers at about 4am Singapore time today (7 November 2021):
Source: Elon Musk | Twitter
What to make of this madness?
And should investors who hold Tesla shares be worried?
Here’s what you need to know!
TL;DR: Elon Musk Asks Twitter if He Should Sell 10% Of His Tesla Shares — What Investors Should Know
