Tesla token prices are plunging nearly 7% on the FTX after many opinions in favor of Tesla CEO Elon Musk’s stock sale, Bloomberg reported on the 7th (local time).
In FTX, Tesla’s tokens are traded in conjunction with Tesla’s stock price. Tesla token prices are plunging 6.8%. Tesla’s stock price closed at $1,222 last weekend (5th). Tesla token prices are trading at $1,139, down 6.8% from this.
Musk conducted an online survey on Tesla’s sale of 10% of its shares, and found that 58% agreed to sell the shares.
Musk conducted an online survey on Twitter, saying he would sell 10 percent of his shares if Twitterians wanted to sell their shares.
As a result of the online survey closing, 58% agreed and 42% disagreed. The total number of people who participated in the vote reached 3.5 million.
Musk owns about 23% of Tesla’s stake, of which 10% amounted to about $21 billion as of Friday’s closing price.
On the previous day, Musk tweeted, “Recently, there have been many discussions regarding the criticism that unrealized profits have become a means of tax avoidance. In response, I propose to sell 10 percent of my Tesla shares,” he said, voting on whether to approve or not.