Lessons for investors trying to cut their tax bill from Elon Musk's $5.7 billion Tesla stock donation

SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany.
Britta Pedersen | Getty Images

Elon Musk has donated a sizable chunk of his Tesla shares to charity, but you don't have to be a billionaire to put a similar concept to use.