Musk Says He Still Pays California Income Taxes Despite Texas Move
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., speaks during a discussion at the Satellite 2020 Conference in Washington, D.C., U.S., on Monday, March 9, 2020. The event comprises important topics facing both satellite industry and end-users, and brings together a diverse group of thought leaders to share their knowledge.
, Bloomberg
Patrick McHale, Bloomberg News
(Bloomberg) -- Tesla Chief Elon Musk said he will still pay California income taxes proportionate to the “significant” time he spends in the state despite moving to Texas last year. In a Twitter thread discussing his wealth and taxes, Musk also revealed he has sold all of his houses in California except for one that is rent out for events.
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