If and when Elon Musk sells a large chunk of his Tesla shares, it'll probably have relatively little to do with a Twitter poll among his loyal followers — and everything to do with a looming multi-billion-dollar tax bill.
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News: What you need to know about the markets | | | | Taxes, not Twitter, are the real reason Elon Musk might sell some Tesla shares | If and when Elon Musk sells a large chunk of his Tesla shares, it'll probably have relatively little to do with a Twitter poll among his loyal followers — and everything to do with a looming multi-billion-dollar tax bill. Read more » | | Inflation will likely get worse before it gets better, Goldman Sachs says | Sticker shock is causing anxiety for millions of Americans right now, with prices soaring for gasoline, groceries and used cars. Read more » | | Short squeezes are pushing these stocks to the moon | The individual investor army on Reddit that helped push GameStop and AMC to unprecedented heights earlier this year has found some more companies to rally around. Read more » | | Key Fed official Randal Quarles plans to resign, creating another vacancy for Biden to fill | Randal Quarles, previously the top Federal Reserve official overseeing Wall Street, announced plans Monday to resign in December. Read more » | | Tesla shares slide after Elon Musk asks Twitter if he should sell | More than $60 billion was wiped off Tesla's market value early on Monday after millions of Elon Musk's Twitter followers voted in favor of him selling 10% of his shares in the company. Read more » | | Aaron Rodgers' State Farm commercials are disappearing from your TV | Aaron Rodgers has been prominently featured in State Farm's television ads for about a decade. This past weekend, he was almost nowhere to be found. Read more » | | | | | | | |
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