The Left is apoplectic over this interview. A man that they worshipped because of his EV’s is turning out to be far more of an entrepreneur than a Leftist.
They ASSUMED he was one of THEM because of his EV’s. They are discovering they were oh so wrong. Musk the entrepreneur simply took advantage of them and their laws and the tax breaks they voted for to further enrich himself. Very successfully I might add.
The man is sheer genius. The left criticized him for not paying enough taxes, never mind that his wealth is tied up in company stocks from which he derives no income.
So he tweets to the left and asks if he should sell 10 percent of his Tesla stock in order to pay capital gains taxes. Of course, they respond and say "sell". So... he sells off 10 percent of stocks at the going rate of over $1000/share, and exercises options on buying more stock at the rate of $6/share, and pays capital gains taxes on the difference of $6 vs $1000. Result: he now owns more stock than before the sale, pocketed billions of dollars while paying billions in taxes, and the left think they punished him. All while he laughs at them. Clever man.
Yup. I’d say the subsidies to SpaceX were one of the best investments this gov’t has ever made.