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Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020.
Patrick Pleul | picture alliance | Getty Images
Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history.
“For those wondering, I will pay over $11 billion in taxes this year,” the Tesla CEO tweeted on Monday.
That’s close to a CNBC estimate that Musk was set to pay a total of $12 billion in taxes in 2021.
Musk has sold off $14 billion worth of Tesla stock since early November, after asking his followers in a Twitter poll if he should sell 10% of his holdings. The response to that poll was a resounding “yes.”
But it’s likely Musk would have…
Source cnbc.com
