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What Elon Musk's $21B Tesla Sale Gambit Says About Markets

The Breakdown

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The Billionaire's Income Tax

Elon Musk is worth around 338 billion dollars, 25 % of which is in stock options that he can exercise any time. The 20 12 contracts are the significant ones for thi story. They expire next august and should he plan on exercising them, he will have a nice fat tax bill when he does. Whether or not the world's wealthiest man pays any taxes at all shouldn't depend on the results of a twitter pole. It's time for the billionaire's income tax.

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