Dave Lee
@heydave7 · Nov 13, 2021
Never heard that cost basis determines which shares need to be sold. I think he can choose which shares to sell. Possible he's selling existing common shares to increase the taxes he's giving to the government. Would be kind of crazy but something Elon might do.
Elon Musk
@elonmusk
A careful observer would note that my (low basis) share sale rate significantly exceeds my 10b (high basis) option exercise rate, thus closer to tax maximization than minimization.
11:40 PM · November 13, 2021 · 0 views
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