June 4, 2023

Taylor Daily Press

Complete News World

Elon Musk challenges Bernie Sanders

Elon Musk challenges Bernie Sanders

Elon Musk, the CEO of automaker Tesla and the world’s richest person, has targeted US Senator Bernie Sanders in a series of tweets.

“We should be asking the very rich to pay their fair share,” Sanders, 80, who ran for the Democratic presidential nomination in 2016 and 2020, tweeted on Saturday. He didn’t mention Musk by name, but that didn’t stop him from immediately responding to Sanders. “I keep forgetting you’re still alive,” it sounded, followed by, “Do you want me to sell more shares, Bernie? You just have to say it.”

Musk recently sold more than $6.9 billion of his company’s stock, after which Tesla’s stock fell 15 percent. The sale came after the Tesla boss asked his Twitter followers whether or not he should sell 10 percent of his stock in the automaker. Earlier, Democrats in the United States came up with a proposal to impose greater taxes on billionaire stocks, among other things.

On Monday, Tesla stock lost more ground in the US stock market. In the afternoon, it was 4.3 percent lower. As a result, the value of the company has fallen to less than a trillion dollars. This landmark was only accessed a month ago.

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