Press Clippings

Why Elon Musk May Want To Sell 10% Of His Tesla Stock—And Why He May Have To

For an article about the staggering tax bills that would be generated by billionaire Elon Musk's stock option exercises, a staff journalist at Forbes obtained expert input from Bruce Brumberg, the editor-in-chief of

"Some types of options can be exercised without triggering immediate taxes, while the proceeds from share sales are taxed at lower capital gains rates, but Musk's options (in tax-speak: 'nonqualified' options) will likely face the much higher ordinary income tax rate imposed on compensation, according to lawyer Bruce Brumberg, the cofounder of and a Forbes contributor."
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