Tesla shares fell 12% to their worst performance of the year after Elon Musk’s poll on Twitter

File Photo: Tesla CEO Elon Musk walks past a screen with an image of the Tesla Model 3 car during a ceremony in Shanghai, China, on January 7, 2020 (REUTERS / Aly Song)

The electric car manufacturer Tesla experienced its worst day of the year on Wall Street on Tuesday, after the poll conducted on Twitter by its founder, Elon Musk, about the possible sale of a part of its shares.

According to data at the end of the session on the New York Stock Exchange, Tesla sank 11.99% or about $ 139, expanding the loss it already experienced the day before, which was 5%.

The market is expectant after Musk published a poll this Saturday on the popular social network, in which said that it left the fate of 10% of its shareholders in the hands of users, and those users would be the ones who would decide if said titles were sold.

He has not confirmed that he will comply with the result, although he has published new messages since then in which he reflects the achievements of his special travel company SpaceX or talks about his musical tastes.

Musk opened the vote with a comment: “There is a lot of talk lately that unrealized gains are a way to evade taxes, so I propose to sell 10% of my Tesla stock. Do you support this?”, to which you could answer yes or no and obtained 57.9% of votes in favor of the sale.

Musk's controversial Twitter poll
Musk’s controversial Twitter poll

The businessman has previously caused seismic movements in the stock and cryptocurrency markets with his Twitter messages, and three years ago he faced the US regulator in a trial for tweeting that he was going to take Tesla from the stock market at $ 420 per share. .

Musk, que owns 17% of Tesla shares, explained that he does not receive “a cash salary or bonus from anywhere” and linked his movement to tax issues: “I only have shares, therefore my only way to pay taxes personally is to sell shares.”

Specialized media such as CNBC have indicated that in the coming months considered the richest man in the world faces the payment of about USD 15,000 million in taxes, related to the expiration of financial options of the company.

They have also highlighted that after the recent arrival of Tesla to a capitalization of 1 trillion dollars, at the end of October, several members and former members of its board of directors have sold part of their shares.

(With information from EFE)

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Tesla shares fell 12% to their worst performance of the year after Elon Musk’s poll on Twitter