Business

Elon Musk ready to sell $6bn worth of Tesla shares to fight world hunger

21:08, 31 October 2021
Elon Musk ready to sell $6bn worth of Tesla shares to fight world hunger Photo: [email protected]/flickr.com

The entrepreneur has responded to the UN food scarcity organization which earlier presumed that 2% of Musk’s net-worth could solve the problem.


Tesla and SpaceX CEO Elon Musk has announced on Twitter that he was ready to sell a part of Tesla’s shares to solve world hunger. The businessman specified that he would do it immediately if the UN World Food Programme (WFP) explained how it would use the money to fight the issue. Besides the plan of investment must be accessible to the public.

The Tweet comes as a response to the claims of the director of the UN’s World Food Programme David Beasley. He earlier congratulated Musk on becoming the richest man on Earth and claimed on Twitter that 2% of the wealth of his wealth were enough to solve world hunger.

This week Tesla became the sixth US company to reach the $1-trillion mark after a successful deal with Hertz who purchased 100,000 Teslas. Musk has also criticized the US administration’s plan to introduce a new tax aiming at billionaires who hold their wealth in assets.