te Tesla's Elon Musk says he will pay more taxes than any American in history this year | Zee Business

Tesla's Elon Musk says he will pay more taxes than any American in history this year

Electric-car maker Tesla Inc`s Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11 billion in taxes this year.  

Tesla's Elon Musk says he will pay more taxes than any American in history this year
Musk is the world`s richest person and his company. Source: Reuters

Electric-car maker Tesla Inc`s Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11 billion in taxes this year.

Earlier this week, Democratic U.S. Senator Elizabeth Warren took to Twitter to say that Musk should pay taxes and stop freeloading off everyone else after Time magazine named him person of the year.

Musk responded by saying that he will pay more taxes than any American in history this year.

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Musk is the world`s richest person and his company Tesla is worth about $1 trillion. Over the last few weeks, Musk has sold nearly $14 billion worth of Tesla shares.

 

Reported By: Reuters
Updated: Mon, Dec 20, 2021
08:56 am
Patna, ZeeBiz WebDesk
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