Tesla Inc Chief Executive Elon Musk got into a spat with Bernie Sanders after the US senator demanded the wealthy pay their "fair share" of taxes.
"We must demand that the extremely wealthy pay their fair share. Period," Sanders wrote on Twitter. Taking a jibe at the 80-year-old senator, Musk responded by saying "I keep forgetting that you're still alive."
The billionaire CEO who had already offloaded a combined $6.9 billion worth of shares in the electric car company as of November 12, further wrote, "Want me to sell more stock, Bernie? Just say the word."
Sanders' tweet comes amid the backdrop of Washington's efforts to hike taxes for the super-wealthy.
US Senate Democrats have unveiled a proposal to tax billionaires' stocks and other tradeable assets to help finance President Joe Biden's social spending agenda and close a loophole that has allowed them to defer capital gains taxes indefinitely.
A week ago, Musk tweeted that he would sell 10 per cent of his shares if users of the social media platform endorsed the move. About 57.9 per cent of people voted for the stock sale.
President Donald Trump capped the first day of his Republican Party's first-ever midterm convention by proposing to pay every US adult a $5,000 "Trump dividend" if his party wins November's congressional elections.
A large-scale search and rescue operation was underway off the western Philippine island of Palawan on Thursday after a passenger ferry caught fire, killing five people and leaving dozens of passengers missing.
President Donald Trump said he expected the war with Iran to end after the November US midterm elections after the two sides launched their biggest wave of attacks on shipping since the start of the six-month-old war.
At least 20 people have been killed in a fire aboard a foreign cargo vessel undergoing repairs at a state-owned shipyard in the eastern Chinese city of Qingdao on Thursday, state media reported, with five others still missing.
The US military said on Wednesday three people have been killed in a strike on a vessel in the Caribbean Sea, the latest in a series of attacks that Washington says target "narco-terrorists" but human rights groups condemn as extrajudicial killings.
At least 14 people were killed and 11 wounded on Wednesday in an explosion at a temporary site used to store weapons and remnants of war near the Syrian city of Sarmada in Idlib province, state television reported.
The United States has destroyed five Iranian oil carriers on Tuesday after the Islamic Revolutionary Guard Corps (IRGC) targeted its navy warship with ballistic missiles "twice over the past two days".
Britain's NATS air traffic control provider has a week to investigate the systems failure that halted flights and stranded hundreds of thousands of passengers, the government said, as pressure mounts on its chief executive.
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