Tesla CEO Elon Musk says he will pay $11 billion in taxes this year
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Wealth | Mindset | Success | In 2021, Elon Musk made history by paying around $10-11 billion in taxes, the largest single-year payment ever made by an individual. The... | Instagram
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Business l Money l Investing on Instagram: "In 2021, Elon Musk made history by paying around $10-11 billion in taxes, the largest single-year payment ever made by an individual. The enormous figure came from Musk exercising roughly 23 million Tesla stock options that were granted to him in 2012 and set to expire that year. Exercising those options counted as income, instantly generating a massive tax liability under U.S. law. To cover it, he sold billions of dollars worth of Tesla shares - a mov
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Growth Mindset | Success | Wealth & Business on Instagram: "In 2021, Elon Musk made history by paying around $10–11 billion in taxes, the largest single-year payment ever made by an individual. The enormous figure came from Musk exercising roughly 23 million Tesla stock options that were granted to him in 2012 and set to expire that year. Exercising those options counted as income, instantly generating a massive tax liability under U.S. law. To cover it, he sold billions of dollars worth of Tesl
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