Elon Musk said his wealth "isn't some deep mystery" and that his taxes are "super simple."
He told The Babylon Bee he doesn't use tax-avoidance schemes, offshore accounts, or tax shelters.
The tech billionaire recently clashed with Warren, who accused him of "freeloading" over taxes. //

if Musk chooses to exercise all his Tesla share options expiring in 2022, the taxes on these could exceed $10 billion for this year, according to calculations by Bloomberg.

Musk, who now tops the Bloomberg Billionaires Index with a net worth of $261 billion, told The Babylon Bee that he could do his taxes himself "in a few hours." //

He said his worth was calculated by multiplying his ownership percentage of the two companies by their valuations.

"My so-called wealth, it's not some deep mystery," Musk said.

He added that he doesn't take salaries or bonuses from the companies because he thought it would be "morally good to not do that."

"My cash balances are very, very low, at least until I sold stock," Musk said. "I simply had loans against my stock, so if Tesla and SpaceX went bankrupt, I would go bankrupt too, immediately."

Musk has sold $15.4 billion in Tesla shares since asking Twitter on November 6 to vote on whether he should divest 10% of his stake, and said Wednesday that he was "almost done" selling stock. He told The Babylon Bee that this quarter was the first time he sold stock "in any meaningful way."