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The Times Australia

How Elon Musk can save big on taxes by giving away a ton of his Tesla stock

  • Written by: Eric James Allen, Assistant Professor of Accounting, University of California, Riverside
How Elon Musk can save big on taxes by giving away a ton of his Tesla stockThe Tesla CEO began to sell stock worth billions of dollars in late 2021.AP Photo/Jae C. Hong

Tesla CEO Elon Musk is liquidating lots of Tesla shares. His transactions, which began in November 2021, could total US$20 billion or more. He has not said whether he plans to donate to charity the proceeds from selling those shares. But this move, which...

Read more: How Elon Musk can save big on taxes by giving away a ton of his Tesla stock

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