Automotive Jun 10, 2021 08:46 AM (GMT+8) · EqualOcean
According to reports, Tesla CEO Elon Musk has responded to queries about the small amount of tax paid by CEOs of him and several other companies. Musk's wealth mainly comes from Tesla stock. However, musk himself does not receive wages from Tesla, and his shares are not subject to tax unless he sells them, in which case he is subject to capital gains tax. "I won't cash out, it's just accumulating in Tesla's bank account in the end," Musk said