Elon Musk clashes with Elizabeth Warren over taxes
Tesla CEO Elon Musk had a heated exchange with Senator Elizabeth Warren on Twitter on Wednesday.
Warren lashed out at Musk over a sensitive issue for the richest person in the world: taxes. The senator tweeted on Tuesday: “Let’s change the rigged tax code so that the person of the year will actually pay taxes and stop picking on everyone.” “
To which Musk first replied, “Stop throwing!” with a link to an article accusing Warren of lying about his Native American heritage.
âYou remind me of when I was a kid and my friend’s angry mother got angry for no reason,â the multibillionaire added. “Please don’t call the Headmaster on me, Senator Karen.”
Musk, who became the richest person in the world this year, is worth around $ 251 billion. An investigation by ProPublica found that Musk and many other billionaires pay little or no tax. But that will all change this year, as Musk prepares to pay at least $ 7.6 billion in taxes.
“And if you opened your eyes for 2 seconds, you would realize that I would be paying more taxes than any American in history this year,” he tweeted to Warren.
Elon Musk named Person of the Year by TIME magazine
Warren’s tweet was in part critical of TIME Magazine for naming Musk as the Person of the Year for 2021. TIME made the announcement on Monday, stating that “the richest man in the world doesn’t own a home and recently sold his fortune. It throws satellites into orbit and harnesses the sun; he drives a car he created that does not consume gasoline and hardly needs a driver. With a flick of the finger, the stock market soars or vanishes.
In its praise of today’s iconic business figure, TIME goes on to state that âits rocket start-up, SpaceX, has overtaken Boeing and others to own America’s space future. Its automaker, Tesla, controls two-thirds of the multi-billion dollar electric vehicle market it pioneered and is valued at $ 1,000 billion.
“It made Musk, with a net worth of over $ 250 billion, the richest private citizen in history, at least on paper.”
There doesn’t seem to be any area of ââtechnology Musk is reluctant to try to improve, with his line of âStarlinkâ telecommunications satellites now in the skies over Greece.
Starlink, a subsidiary of Musk’s Space X company, provides Internet access through a network of Low Earth Orbit (LEO) satellites. It has already launched the first part of its associated activities in Greece.
A small group of users can already use its Internet services. Soon, Starlink Internet material will be sent to those who pre-ordered it.
The regulatory framework for standard satellite dishes required for satellite Internet to operate on the model of satellite television has already been signed. The difference between Internet âsatellite dishesâ and regular satellite television, however, is that the former are both receivers and transmitters.
Comments are closed.