So really, the only time Elon has to pay taxes is when he exercises his stock options.
Unlike you and I, he pays no income tax. Why? He takes no salary.
Instead, he uses his TSLA stock as collateral to get $548 million in (tax free) loans.
Unlike you and I, he pays no income tax. Why? He takes no salary.
Instead, he uses his TSLA stock as collateral to get $548 million in (tax free) loans.
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