Alan Musk to set record in terms of tax payments now
Alan Musk to set record in terms of tax payments now
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New Delhi: Elon Musk, owner of electric car maker Tesla  and the world's richest man. They are always in the news. This time he is in the news for paying his tax. On December 20, Alan Musk wrote in a tweet that he will pay a tax of $11 billion (Rs 85,000 crore) this year.

If Musk pays so much, this tax amount will pay record in the US Internal Revenue Service. No American has paid so much tax till date. Musk also said in December this year that no one in us history has paid as much tax as he pays. Musk has been declared person of the year by the world's most prestigious magazine Time this month. According to a Bloomberg report, Alan Musk will have to pay more than 10 billion taxes. That's why Musk is selling Tesla shares.

The decision to sell the shares of the company was also taken by the veteran industrialist through a Twitter poll. He had then asked a question whether he should sell Tesla shares to pay tax. Most people had replied yes in response to the poll. The size of electric car maker Tesla can be gauged from the fact that Tesla's market cap has reached close to 3 trillion branches.

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