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Elon Musk says he will pay over $11 billion in taxes this year


New Delhi: Tesla CEO Elon Musk in a tweet on Monday mentioned he can pay over $11 billion in taxes this yr.

Earlier this week, Democratic US Senator Elizabeth Warren took to Twitter to say that Musk ought to pay taxes and cease “freeloading off everybody else” after Time journal named him its “particular person of the yr”.
In response, Musk tweeted, “If you happen to opened your eyes for two seconds, you’ll understand I’ll pay extra taxes than any American in historical past this yr.”

Over the previous couple of weeks, Musk has bought almost $14 billion value of Tesla shares.

Tesla’s market worth soared to greater than $1 trillion this yr, making it extra useful than Ford Motor and Basic Motors mixed.

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