solve world hunger

The world’s richest man, Elon Musk recently challenged a United Nations official’s claim that just a fraction of his wealth, $6 billion worth Tesla stock could help solve world hunger. The CEO of Tesla was replying to comments by David Beasley, director of the UN’s World Food Program, who renewed a call last week following an earlier tweet this month urging billionaires like Elon Musk to “step up now, on a one-time basis.”

$6 Billion Worth Tesla Stock Could Help Solve World Hunger

Moreover, Beasley particularly requested action from Musk and Amazon co-founder, Jeff Bezos, the top two men in Bloomberg’s Billionaires Index. The UN official stated that just $6 billion worth Tesla stock could keep 42 million people from dying and solve world hunger. To which in return Elon Musk tweeted, “If the World Food Program, using transparent and open accounting, can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.” Beasley replied that if Musk was prepared to meet in person to solve world hunger, “I will bring the plan and open (the) books.”

Tesla is Now Among the Companies Valued at More Than $1 Trillion

Elon Musk is CEO of the electric-vehicle company, Tesla which last week joined the handful of corporations valued at more than $1 trillion. The $6 billion worth Tesla stock
amount would be just a small fraction of Musk’s present net worth of $311 billion, moreover, less than the $9.3 billion his fortune grew on Oct. 29 solely, as per the billionaires index.

Read more: Tesla to Build a Humanoid Robot Prototype by Next Year, Says Elon Musk

Elon Musk’s SpaceX Reached a Valuation of $100 Billion Last Month 

Furthermore, Tesla makes the vast majority of Musk’s net worth. He has very rarely traded stock in the electric-vehicle maker, whose stock reached a record $1,114 on Friday. His wealth has also risen thanks to his stake in SpaceX, a private space-exploration corporation that was estimated at $100 billion last month. Musk, usually outspoken on social media, has also been critical of attempts to tax U.S. billionaires.

He stated on Twitter that a tax on billionaire wealth would only make a “small dent” toward paying off the national debt, claiming that the focus should be on state spending. Musk further said a billionaire tax would just be the start of taxing the merely wealthy.

Source: CNBC


Please enter your comment!
Please enter your name here