Elon Musk has sold more Tesla shares than he needs to pay current tax bill _老虎社区_美港股上老虎

Elon Musk has sold more Tesla shares than he needs to pay current tax bill

Marketwatch2021-11-18

DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...

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Big Bull
·2021-11-18
Okay
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1
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KYHBKO
·2021-11-18
Elon will end up in a better position with more shares, paid his tax and have funds for more.
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- Aoyjai:
  Watch EM’s stock options. he buys them for a few bucks and sell for thousands. What is tax?
  2021-11-18
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- KYHBKO:
  he will be taxed about 54% ... seems that the government will benefit more than Elon.
  2021-11-18
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- Huatkor:
  Giving back to society.
  2021-11-18
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STSL
·2021-11-18
Like
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4
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- Dollarvan:
  Ok
  2021-11-19
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- YYLSG:
  like
  2021-11-18
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tinggie
·2021-11-18
Like pls
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1
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- janspants:
  Ok
  2021-11-18
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Ktkw
·2021-11-18
Leggo
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4
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- tinggie:
  ya
  2021-11-18
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SoulMetta
·2021-11-18
[Strong] [Strong]
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3
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TSLA玻璃手
·2021-11-18
Come come $800. I’m waiting.
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- phtan68:
  等下就有
  2021-11-18
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- Winkingbear:
  Sell options
  2021-11-18
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- htht:
  wait long long
  2021-11-18
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That means he has sold roughly $5 billion more in shares than he needs at present.</p>\n<p>Under a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.</p>\n<p>Erik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.</p>\n<p>“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.</p>\n<p>On Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.</p>\n<p>Musk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.</p>\n<p>Musk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. 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In a year, Musk would pay the much lower capital gains rate, he said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk has sold more Tesla shares than he needs to pay current tax bill </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk has sold more Tesla shares than he needs to pay current tax bill \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1155680084","content_text":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.\nAs of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.\nOf those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.\nUnder a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.\nErik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.\n“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.\nOn Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.\nMusk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.\nMusk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.\nMusk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878592989,"gmtCreate":1637203747623,"gmtModify":1637203747623,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Elon will end up in a better position with more shares, paid his tax and have funds for more.&nbsp;","listText":"Elon will end up in a better position with more shares, paid his tax and have funds for more.&nbsp;","text":"Elon will end up in a better position with more shares, paid his tax and have funds for more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/878592989","repostId":1155680084,"repostType":4,"repost":{"id":"1155680084","pubTimestamp":1637201163,"share":"https://www.laohu8.com/m/news/1155680084?lang=&edition=full","pubTime":"2021-11-18 10:06","market":"us","language":"en","title":"Elon Musk has sold more Tesla shares than he needs to pay current tax bill ","url":"https://stock-news.laohu8.com/highlight/detail?id=1155680084","media":"Marketwatch","summary":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and e","content":"<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.</p>\n<p>As of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.</p>\n<p>Of those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.</p>\n<p>Under a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.</p>\n<p>Erik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.</p>\n<p>“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.</p>\n<p>On Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.</p>\n<p>Musk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.</p>\n<p>Musk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.</p>\n<p>Musk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk has sold more Tesla shares than he needs to pay current tax bill </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk has sold more Tesla shares than he needs to pay current tax bill \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1155680084","content_text":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.\nAs of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.\nOf those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.\nUnder a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.\nErik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.\n“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.\nOn Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.\nMusk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.\nMusk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.\nMusk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6627483,"gmtCreate":1637222691563,"gmtModify":1637222691665,"authorId":3578371382142637,"author":{"id":3578371382142637,"authorId":3578371382142637,"name":"Aoyjai","avatar":"https://static.tigerbbs.com/9dcf5c34602d2433f3133ca6c6fece6a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878592989,"type":1,"supId":0,"prevId":0,"content":"Watch EM’s stock options.  he buys them for a few bucks and sell for thousands.  What is tax?","text":"Watch EM’s stock options.  he buys them for a few bucks and sell for thousands.  What is tax?","html":"Watch EM’s stock options.  he buys them for a few bucks and sell for thousands.  What is tax?"},{"id":6627315,"gmtCreate":1637220809012,"gmtModify":1637222117693,"authorId":3574381076586256,"author":{"id":3574381076586256,"authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878592989,"type":1,"supId":6626802,"prevId":0,"content":"he will be taxed about 54% ... seems that the government will benefit more than Elon.","text":"he will be taxed about 54% ... seems that the government will benefit more than Elon.","html":"he will be taxed about 54% ... seems that the government will benefit more than Elon."},{"id":6626802,"gmtCreate":1637215893788,"gmtModify":1637215893903,"authorId":3581919183376534,"author":{"id":3581919183376534,"authorId":3581919183376534,"name":"Huatkor","avatar":"https://static.tigerbbs.com/6f3897aace055b5fa9f58089c1e880d8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878592989,"type":1,"supId":0,"prevId":0,"content":"Giving back to society. ","text":"Giving back to society. ","html":"Giving back to society. "}],"langContent":"CN"},{"id":878504793,"gmtCreate":1637202960311,"gmtModify":1637202960415,"author":{"id":"3586492916274801","authorId":"3586492916274801","name":"STSL","avatar":"https://static.tigerbbs.com/49e8aa4445808964ca4d2a2f3937956e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878504793","repostId":1155680084,"repostType":4,"repost":{"id":"1155680084","pubTimestamp":1637201163,"share":"https://www.laohu8.com/m/news/1155680084?lang=&edition=full","pubTime":"2021-11-18 10:06","market":"us","language":"en","title":"Elon Musk has sold more Tesla shares than he needs to pay current tax bill ","url":"https://stock-news.laohu8.com/highlight/detail?id=1155680084","media":"Marketwatch","summary":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and e","content":"<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.</p>\n<p>As of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.</p>\n<p>Of those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.</p>\n<p>Under a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.</p>\n<p>Erik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.</p>\n<p>“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.</p>\n<p>On Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.</p>\n<p>Musk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.</p>\n<p>Musk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.</p>\n<p>Musk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk has sold more Tesla shares than he needs to pay current tax bill </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk has sold more Tesla shares than he needs to pay current tax bill \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1155680084","content_text":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.\nAs of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.\nOf those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.\nUnder a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.\nErik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.\n“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.\nOn Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.\nMusk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.\nMusk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.\nMusk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6641721,"gmtCreate":1637311802898,"gmtModify":1637311802927,"authorId":3555014251535651,"author":{"id":3555014251535651,"authorId":3555014251535651,"name":"Dollarvan","avatar":"https://static.tigerbbs.com/0316ab12b442ee2cd79936de06de5089","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878504793,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6625052,"gmtCreate":1637205824976,"gmtModify":1637205825007,"authorId":3585128891404621,"author":{"id":3585128891404621,"authorId":3585128891404621,"name":"YYLSG","avatar":"https://static.tigerbbs.com/41bee2bd52d9d3dc3a494bc99d85290d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878504793,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"CN"},{"id":878508614,"gmtCreate":1637202329313,"gmtModify":1637202329395,"author":{"id":"3579765510985887","authorId":"3579765510985887","name":"tinggie","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878508614","repostId":1155680084,"repostType":4,"repost":{"id":"1155680084","pubTimestamp":1637201163,"share":"https://www.laohu8.com/m/news/1155680084?lang=&edition=full","pubTime":"2021-11-18 10:06","market":"us","language":"en","title":"Elon Musk has sold more Tesla shares than he needs to pay current tax bill ","url":"https://stock-news.laohu8.com/highlight/detail?id=1155680084","media":"Marketwatch","summary":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and e","content":"<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.</p>\n<p>As of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.</p>\n<p>Of those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.</p>\n<p>Under a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.</p>\n<p>Erik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.</p>\n<p>“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.</p>\n<p>On Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.</p>\n<p>Musk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.</p>\n<p>Musk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.</p>\n<p>Musk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk has sold more Tesla shares than he needs to pay current tax bill </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk has sold more Tesla shares than he needs to pay current tax bill \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1155680084","content_text":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.\nAs of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.\nOf those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.\nUnder a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.\nErik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.\n“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.\nOn Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.\nMusk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.\nMusk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.\nMusk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6624207,"gmtCreate":1637202648518,"gmtModify":1637202648550,"authorId":3572224459642139,"author":{"id":3572224459642139,"authorId":3572224459642139,"name":"janspants","avatar":"https://static.tigerbbs.com/77096f828a05738c9976f302380d4e4d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878508614,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":878276646,"gmtCreate":1637201504822,"gmtModify":1637201504990,"author":{"id":"3564917665277560","authorId":"3564917665277560","name":"Ktkw","avatar":"https://static.tigerbbs.com/c3b319f06c5f5672546acc9d6f02dec1","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Leggo","listText":"Leggo","text":"Leggo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878276646","repostId":1155680084,"repostType":4,"repost":{"id":"1155680084","pubTimestamp":1637201163,"share":"https://www.laohu8.com/m/news/1155680084?lang=&edition=full","pubTime":"2021-11-18 10:06","market":"us","language":"en","title":"Elon Musk has sold more Tesla shares than he needs to pay current tax bill ","url":"https://stock-news.laohu8.com/highlight/detail?id=1155680084","media":"Marketwatch","summary":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and e","content":"<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.</p>\n<p>As of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.</p>\n<p>Of those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.</p>\n<p>Under a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.</p>\n<p>Erik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.</p>\n<p>“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.</p>\n<p>On Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.</p>\n<p>Musk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.</p>\n<p>Musk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.</p>\n<p>Musk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk has sold more Tesla shares than he needs to pay current tax bill </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk has sold more Tesla shares than he needs to pay current tax bill \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1155680084","content_text":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.\nAs of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.\nOf those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.\nUnder a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.\nErik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.\n“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.\nOn Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.\nMusk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.\nMusk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.\nMusk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6624134,"gmtCreate":1637202337512,"gmtModify":1637202337611,"authorId":3579765510985887,"author":{"id":3579765510985887,"authorId":3579765510985887,"name":"tinggie","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878276646,"type":1,"supId":0,"prevId":0,"content":"<u>ya</u>","text":"<u>ya</u>","html":"<u>ya</u>"}],"langContent":"CN"},{"id":878278105,"gmtCreate":1637201388694,"gmtModify":1637201487752,"author":{"id":"4094873086317940","authorId":"4094873086317940","name":"SoulMetta","avatar":"https://static.tigerbbs.com/e8ddb558fb5f336f0f9ac37f8e492989","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Strong]&nbsp;[Strong]&nbsp;","listText":"[Strong]&nbsp;[Strong]&nbsp;","text":"[Strong] [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878278105","repostId":1155680084,"repostType":4,"repost":{"id":"1155680084","pubTimestamp":1637201163,"share":"https://www.laohu8.com/m/news/1155680084?lang=&edition=full","pubTime":"2021-11-18 10:06","market":"us","language":"en","title":"Elon Musk has sold more Tesla shares than he needs to pay current tax bill ","url":"https://stock-news.laohu8.com/highlight/detail?id=1155680084","media":"Marketwatch","summary":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and e","content":"<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.</p>\n<p>As of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.</p>\n<p>Of those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.</p>\n<p>Under a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.</p>\n<p>Erik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.</p>\n<p>“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.</p>\n<p>On Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.</p>\n<p>Musk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.</p>\n<p>Musk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.</p>\n<p>Musk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk has sold more Tesla shares than he needs to pay current tax bill </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk has sold more Tesla shares than he needs to pay current tax bill \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1155680084","content_text":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.\nAs of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.\nOf those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.\nUnder a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.\nErik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.\n“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.\nOn Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.\nMusk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.\nMusk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.\nMusk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878271769,"gmtCreate":1637201372161,"gmtModify":1637201372467,"author":{"id":"3575408338074495","authorId":"3575408338074495","name":"TSLA玻璃手","avatar":"https://static.tigerbbs.com/74a100f6cd29713d58bf0f4b64f32143","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Come come $800. I’m waiting.&nbsp;","listText":"Come come $800. I’m waiting.&nbsp;","text":"Come come $800. I’m waiting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/878271769","repostId":1155680084,"repostType":4,"repost":{"id":"1155680084","pubTimestamp":1637201163,"share":"https://www.laohu8.com/m/news/1155680084?lang=&edition=full","pubTime":"2021-11-18 10:06","market":"us","language":"en","title":"Elon Musk has sold more Tesla shares than he needs to pay current tax bill ","url":"https://stock-news.laohu8.com/highlight/detail?id=1155680084","media":"Marketwatch","summary":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and e","content":"<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.</p>\n<p>As of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.</p>\n<p>Of those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.</p>\n<p>Under a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.</p>\n<p>Erik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.</p>\n<p>“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.</p>\n<p>On Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.</p>\n<p>Musk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.</p>\n<p>Musk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.</p>\n<p>Musk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk has sold more Tesla shares than he needs to pay current tax bill </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk has sold more Tesla shares than he needs to pay current tax bill \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-18 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-has-sold-more-tesla-shares-than-he-needs-to-pay-current-tax-bill-01637190117?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1155680084","content_text":"DETROIT — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills that will come due next year.\nAs of early Wednesday, Musk had sold roughly 8.2 million shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 billion.\nOf those, Musk sold 2.8 million shares worth about $3 billion specifically to pay taxes on three tranches of stock options that he exercised this week, according to filings with the U.S. Securities and Exchange Commission. That means he has sold roughly $5 billion more in shares than he needs at present.\nUnder a compensation plan from 2012, Musk has options to buy 26.4 million shares. The options expire next year, and the tax bill will come due. Wedbush analyst Daniel Ives estimates the bill to be $10 billion to $15 billion, depending on the stock price. Musk’s options so far allowed him to buy shares at $6.24 each, and the stock is selling for around $1,080.\nErik Gordon, a University of Michigan business and law professor, questioned why Musk would sell that many shares now to pay obligations that come due next year. He said accruing for future tax liabilities makes sense only if Musk expects the stock price to drop.\n“If you think the stock is going to go up, or if you think the stock is going to stay the same, you wouldn’t be selling extra shares,” he said.\nOn Nov. 6, Musk asked his 60 million Twitter followers if he should sell some of his Tesla TSLA, +3.25% stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my stock,” he wrote. According to Musk, 58% of those who responded said yes.\nMusk also conceded his wealth is tied up in stock, tweeting that he doesn’t get a cash salary or bonus from anywhere. “I have only stock, thus the only way for me to pay taxes personally is to sell stock,” he wrote.\nMusk started selling last Monday, and as of Wednesday, he had liquidated about 5% of his holdings. His federal tax obligations could be as high as 40% on proceeds from some of the sales, said Brad Badertscher, an accounting professor at the University of Notre Dame.\nMusk could have cut his tax bill on the options in half if he had exercised the options and waited a year to sell the shares, Badertscher said. That’s because with an immediate sale, the gain is taxed as ordinary income. In a year, Musk would pay the much lower capital gains rate, he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6624386,"gmtCreate":1637203440009,"gmtModify":1637203440078,"authorId":3574739732742262,"author":{"id":3574739732742262,"authorId":3574739732742262,"name":"phtan68","avatar":"https://static.tigerbbs.com/6e3f25ca6f0628d3425ae8bb0e944aab","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878271769,"type":1,"supId":0,"prevId":0,"content":"等下就有","text":"等下就有","html":"等下就有"},{"id":6624073,"gmtCreate":1637202054312,"gmtModify":1637202054404,"authorId":3566159832938847,"author":{"id":3566159832938847,"authorId":3566159832938847,"name":"Winkingbear","avatar":"https://static.tigerbbs.com/fa59ca544b59fdba57ec5b04668be509","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878271769,"type":1,"supId":0,"prevId":0,"content":"Sell options ","text":"Sell options ","html":"Sell options "},{"id":6624027,"gmtCreate":1637201849767,"gmtModify":1637201849859,"authorId":3574990061555881,"author":{"id":3574990061555881,"authorId":3574990061555881,"name":"htht","avatar":"https://static.tigerbbs.com/3db2a624bd21108fb0def4f8b401d45a","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878271769,"type":1,"supId":0,"prevId":0,"content":"wait long <u>long</u>","text":"wait long <u>long</u>","html":"wait long <u>long</u>"},{"id":6623931,"gmtCreate":1637201497166,"gmtModify":1637201497267,"authorId":3564917665277560,"author":{"id":3564917665277560,"authorId":3564917665277560,"name":"Ktkw","avatar":"https://static.tigerbbs.com/c3b319f06c5f5672546acc9d6f02dec1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878271769,"type":1,"supId":0,"prevId":0,"content":"<u>Good</u>","text":"<u>Good</u>","html":"<u>Good</u>"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":56,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}