Elon Musk Sells His TSLA Stock... But Not Because Of Twitter.
The Young Investors Podcast
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Is a Tessl Stock Sale a Good Idea?
elon musk was awarded option in two thousand and 12 as a part of a compensation plan because he doesn't take a salary or cash bonus his wealth comes from stock awards, ande and the gains in tesle's share price. In order to exercise them, a musk has to pay the income tax on the gain. Since the options are taxed as an employee benefit or compensation, they will be taxed at 37 % plus three point eight cent net investment tax. He'll also have to pay the 13 point three percent top tax rate in california,. Combined, the state and federal tax rate will be 54 point one per cent. That is insane ism. I would
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