Elon Musk enjoys huge tax reduction upon selling Tesla stocks
Elon Musk bought Twitter by selling a large amount of stock and profiting handsomely. Musk’s stock sale, however, could result in a massive tax savings due to a loophole in US tax law. Musk sold $8.5 billion in Tesla stock last month for more than 100 times what he paid for it (he exercised options … Read more