After the US senator once again called on billionaires to pay more taxes, Elon Musk, the world’s richest man, made a series of insults to Bernie Sanders on Twitter.
Musk even proposed the idea of selling more Tesla shares, which would require him to pay capital gains taxes.
The 80-year-old Sanders, who failed to seek the Democratic presidential nomination in 2016 and 2020, said on Twitter on Saturday: “We must ask the extremely wealthy to pay their due share.” He did not mention Musk. name.
Musk’s $286 billion wealth made him a target for wealth tax supporters, and he replied: “I always forget that you are still alive.”
In a subsequent tweet earlier on Sunday, the CEOs of Tesla and SpaceX asked: “Bernie, do you want me to sell more shares? Just one sentence…”
I keep forgetting that you are still alive
-Elon Musk (@elonmusk)
November 14, 2021
Eleven hours later, Musk was still tweeting, saying that Sanders was “a receiver, not a maker.”
Musk sold nearly $7 billion worth of Tesla stock last week, pushing the automaker’s stock price down 15%. At 9:36 a.m. on Monday, the stock fell 2.6% in New York.
After Musk polled his Twitter users on whether he should sell him, the stock disposal began. But some of these transactions were carried out according to his pre-arranged trading plan in September, long before he consulted on his extensive social media.
Musk did not mention in his tweet that he has millions of stock options that must be exercised before expiration in August 2022. He said in September that he might exercise a “big chunk” of these options at the end of the year.
At the end of last year, Musk confirmed that he had moved from California to Texas, which does not levy income tax. On Saturday, Musk said on Twitter that he had lived in a small house in southern Texas for the past two years. “It feels more welcoming to live in a small house,” he wrote.
Sanders is an independent of Vermont. He held a caucus with Democrats and served as chairman of the Senate Budget Committee. He has long advocated that the rich should pay more taxes. In March of this year, he said on Twitter that the wealth accumulated by Musk and Amazon co-founder Jeff Bezos was “immoral.”
Musk also recently accused US Senator Ron Wyden (Ron Wyden), a Democrat from Oregon and chairman of the Senate Finance Committee, who promoted the collection of wealth taxes on billionaires.