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Tesla's Musk says he can pay over $11 billion in taxes this yr

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(Reuters) – Electrical-car maker Tesla Inc’s Chief Govt Officer Elon Musk mentioned on Sunday on Twitter that he can pay greater than $11 billion in taxes this yr.
Earlier this week, Democratic U.S. Senator Elizabeth Warren took to Twitter to say that Musk ought to pay taxes and cease “freeloading off everybody else” after Time journal named him its “individual of the yr”.
Musk responded by saying that he “can pay extra taxes than any American in historical past this yr”.
Musk is the world’s richest individual and his firm Tesla is price about $1 trillion. Over the previous few weeks, Musk has bought practically $14 billion price of Tesla shares.

(Reporting by Shivam Patel in …

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