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Elon Musk says he will sell Tesla stock if UN can prove it can ‘solve world hunger’

UN world hunger Tesla stock Elon Musk

Elon Musk, CEO of Tesla and SpaceX, has stated that he is willing to sell his stock to help solve world hunger if a top United Nations (UN) official can back up his claim that just 2% of the entrepreneur’s income could help solve world hunger.

Speaking to CNN, David Beasley, the director of the United Nations World Food Programme (WFP), urged Musk and Jeff Bezos (the world’s second richest person) to reconsider where their money is going.

“$6 billion to help 42 million people that are literally going to die if we don’t reach them. It’s not complicated,” he said.

Responding to Beasley, Musk stated late on Sunday that he is willing to assist if the WFP can explain how $6 billion will help end world hunger.

“If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it”, Musk posted.

“But it must be open source accounting, so the public sees precisely how the money is spent,” he added.

The World Food Programme (WFP) assists over 115 million people in 84 countries through emergency food or cash distributions, nutrition support programmes, and other activities.

Musk is currently worth a whopping $300 billion, and Beasley claims that just 2% of his fortune could save the lives of more than 40 million people “who are literally going to die.”

The increase in wealth was due to a rise in Tesla shares after the electric car company inked a massive deal with Hertz to buy 100,000 of its vehicles.

Musk is now worth more than Egypt, Portugal, the Czech Republic, Greece, Qatar, and Finland combined.

He is also worth more than PayPal, the company he co-founded, and streaming behemoth Netflix.


About the author

Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala.

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