Tesla shares were under pressure on Monday after millions of Twitter users polled by chief executive Elon Musk concluded that he should sell 10 per cent of his stake in the electric carmaker.
The 24-hour poll, which was conducted over the weekend, is the latest stunt by Musk to delight fans but risk controversy. When announcing the poll on Saturday, Musk said on Twitter that he would abide by its result.
The Tesla chief’s decision to throw open to the Twittersphere whether to sell more than $20bn of shares comes as the question of how to tax billionaires has gained some political traction in the US.
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