Quote:
Originally Posted by Irace86.2.0
I’m not saying it is wrong or off. I’m saying that this could just be the start of more taxes to come that effect EVs and Musk. I’m not saying he isn’t better off leaving California for Texas from a tax perspective, but he would be naive to think some taxes wouldn’t follow him and EVs to Texas.
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Quote:
Originally Posted by Dadhawk
Understood, I'm just not sure this is one of the "taxes" Musk was referring to when he moved. I think it was primarily personal and corporate income tax.
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Elon Musk moving to TX entirely has to do with the personal income tax part of his compensation, which triggered a huge payout when TSLA stock prices hit key benchmarks last year.
https://fortune.com/2021/03/16/elon-...ensation-plan/