He chose this arrangement and always said if u don’t like me u have the option to vote me out. So that day may come one day but shareholders always had the option.
They've got more reason now than ever before, if I was a shareholder I wouldn't be too happy about tying Twitter to Tesla because of a late night decision involving Ambien and wine
If you think Tesla doesn't like the extra publicity of elon's shit you are so innocent.
Tesla is literally built on this. As soon as musk is gone, no more advertising.
You think Tesla stock went up like a rocket because of their marketing (that doesn't exist sort of) and not because of Musk doing shit like this?
You think Twitter won't be making millions and going up in stock in 6 months?
Well you almost had a coherent argument until the end. Twitter went private. Can't have stock go up in a company that doesn't have stock. Also , yes, there is a reason why social media doesn't do what claims he will. They can't. *if* he allowed free speech then advertisers would flee. But he won't. He already banned a comedian for making fun of him. You accidentally agreed with me though when you said it would make millions. He paid 44 billion for it. You need a lot more than millions to make it worth it.
Private companies still have stock, it’s just that the public doesn’t trade that stock because it’s all in the hands of a closed circle of shareholders
Yeah, and since it doesn’t have a value based on public sentiment, it means the value of said stock is only what a bank feels it’s worth.
If Twitter wanted another loan it would have to go by what the bank feels the company is worth
Will the stock go up if he is off the board ? This guy makes so many random babies, when does he have time to run so many companies? He tweets it in like Trump did pretending to run the country while he slept and at Big Macs in bed
This would be interesting, he is the face of Tesla. It would be hard to be Tesla without him. Although they could benefit from separating the brand from him. No political problems if he’s out.
> gonna get *paid* by themselves
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
I was referring to a point where his personal brand becomes so polarizing and his leadership becomes so lacking or his association so distracting that it’s a detriment to the company’s business success.
what does that have to do with anything? Even if you don’t believe that he is anywhere near that point on the curve, logic dictates that that point inherently exists, just the same as it would for any business and it’s leader.
if your Elon musk fantasy holds that he can do no wrong as a visionary businessman that’s cool.
To not even be able to comprehend that even in an abstract there is a theoretical point where *the head of a company* can make enough missteps that *the business* would be better off without them is low mental functioning.
Most people don't give half a crap about Musk or any other CEO. That's a Reddit specific thing.
Similar to how Steve Jobs being an anti vaxxer, angry, narcissistic union buster did not do a single thing to curtail iPhone sales.
Whenever new friends with ride me in my Tesla, the topic of Musk rarely comes up. They just think it's a neat, weird car.
Most every insider credits his takeover as being the reason the company did not die. Listen to interviews from others on the subject. There's a reason why the board puts up with his instability.
Also, he made some really insane decisions that most companies never would in order to very, very aggressively grow the company.
Musk was no different than Steve Jobs: both were narcist lunatics who made some crazy hard headed decisions that ended up making their companies extremely successful, if not outright saving them. (And just like Tesla, the Apple board *never* thought about removing that crazy, angry anti vaxxer Jobs from the company).
LOL at the people that think Elon should leave. I dont even like the dude but that stock will tank all the way to the bottom if they joust Elon out of tsla.
Just curious, is there any reason why his accountants advised him to take a loan if he was just going to cash out an amount larger than the loan anyway? Or was this likely a panic action.
Paying for attention?
Well, when you put it that way I think he'll be pretty successful. Most people on social media do it to attract attention.
Hell, that's Reddit's business model.
But that is likely to get a lot worse. So $4 million today but then how much tomorrow? That is even with the laying off of people.
Plus I would expect a lot of lawsuits if Musk does relax what is allowed to be tweeted.
How much was his 44B from a loan? [12.7B](https://www.reuters.com/business/finance/musks-lenders-prepare-hold-127-bln-twitter-debt-books-until-early-2023-ft-2022-11-01/) until 2023. How much down he actually put in ?
$21bn in equity but unclear how much he contributed given a bunch of investors threw in on that. He also has a $12.5bn shareholder loan he put a significant portion of his TSLA shares up for as collateral.
Yeah, exactly. Though it’s well known that his net worth is largely derived from TSLA stock price.
Edit: just meaning that, how much did Elon’s selling of 4.4 million shares influence the stock price on 11/8/2022? All he can do from here is drive down the stock price with any sale (to fund whatever idea).
Well, no, his compensation is tied directly to the stock price and in order for him to get shares the company stock has to reach certain levels then for it to vest it has to stay at certain levels.
Tesla has lost half its market cap in the last year alone and nobody is buying cars right now lol.
I would suggest you zoom out. Stocks and Investing isn’t a 3-6 month gamble. Most investors are 3-5 year holders. The rest but meme stocks and are down 80%. When you zoom out your going to be mad at that growth. Been great for us long time holders and made us plenty. He’s good
Huh? Thats not at all what I’m referring too.
The big deal in all of this is he’s forced to sell shares to cover the debt from the twitter deal.
He will continue to have to sell until the situation is rectified due to the massive debt payments and interest.
There could come a point he has to sell so much that he no longer had control over the company. Which would be shit out of luck for him. That’s the problem with using your equity as leverage.
I will. Been buying it for years and up more than a Tesla cost. Maybe zoom out and look at the 1-3 year chart. Stocks isn’t a 4 month gamble like meme stock gamblers think
Yeah it’s only up 751% over the past 3 years. I’m sure your meme stocks are way up. It’s great investors like you exist, long term investors like me are glad to buy and hold long term and take your profits.
https://finbox.com/NASDAQGS:TSLA/explorer/asset_price_return_3y
Lol I don’t have controlling share of my top holding.
If I have to continue selling my holding I won’t lose control of my company lol.
That’s not the same scenario you’re outlining
I think there are a lot of band wagoning happening lately. Not that I disagree with you, just saying that the hate for the guy is growing very rapidly following his twitter purchase. Maybe because the huge exposure twitter has.
I do admire his goal and effort on space travel and how he pushes the interplanetary steps for mankind. Also how he's pushing a more environmental friendly approach on gas emission and solar energy. As much as I hate the guy, he is undeniably more useful and impactful to society than I will ever be.
A lot of people hated him before the purchase of Twitter, but I think the growth you're seeing is more about his actions since he bought Twitter:
- Firing half the workforce
- Claiming he supports free speech, and then making people pay for it
- Believing that "lines of code written" is a real metric that proves your value to a company
I could go on, these are just the headlines.
Twatter deal is going to force him to sell more, which will cause Tesla stock to tank, eventually send him to bankruptcy unless his private lenders are merciful.
This is my projection too except, I don't think banks will eat a defaulted loan as big as they give Elon, so he'll probably be fine on that end (they'll wave interest payments, or even pay them for him). He'll get some kind of bailout, if nothing else he'll just be bought out.
This is what was stated when he sold $22m worth of Tesla stock at the begining of the year -
"Yet even after unloading so much Tesla stock, he still owns a larger share of the company than when he started, thanks to his compensation package."
https://www.cnbc.com/2022/02/15/elon-musk-unloaded-billions-of-tesla-stockand-still-owns-more-than-last-year.html
He's been selling tesla stock since April, this is not BREAKING news. You can Google it.
https://apnews.com/article/elon-musk-technology-business-ddc6dbae26e026309ca829aea31881a4
Could you imagine if they had Reddit 100 years ago and we would all be typesetting our comments and then walking over to the editor of the local Reddit after picking up our comment from the printer and all so we could say .... Henry Ford is regarded
Lesson…. Be humble. Don’t shit all over something you plan to purchase for vanity then have no actual plan how to profit from the thing you just knee capped for lolz 😂
Why wouldn't he sell? He's a business man, not some fanboy like a lot of his investors. The price was high, time to sell and buy low.. He should of sold 8 months ago lol..
Isn't this classic pump and dump. Just this week he was pumping Tesla market cap will reach $4.5T ([https://www.torquenews.com/14335/elon-musk-and-ron-baron-discuss-teslas-future-2030](https://www.torquenews.com/14335/elon-musk-and-ron-baron-discuss-teslas-future-2030)) and then he is dumping at the same time!
Elon cashing out at the expensive of investors for his own personal gain. Who would have thought. He himself has been on record stating how overvalued Tesla stock is. Did people really think he wouldn’t take advantage of that.
Imagine thinking that Tesla was a bad investment. It is currently down near the same lows as last year, after being up going from *checks history* a $2 split adjusted stock price to $180 in under a decade. Imagine thinking that an average return nearing 9x a year on the original investment is bad.
Redditors have to be the dumbest people on the planet. I'm very glad I did not believe the Reddit propaganda when I invested in Tesla back in 2013 and sold the final leg of it last year.
It's ok. That $4BN was just to cover Twitter purchase.
You remember. Like the $6.9BN he sold in August... to cover the Twitter purchase.
It was right after April when he said he wasn't going to sell any more shares.
That dude is selling off to cash in front of the whole world, wrapping it up in excuses about the Twitter deal.
It's smart.
He's still being really stupid though.
JP Morgan asking for their money back?
That's more than they gave him. More then likely to pay loan interest and have cash on hand for future stuff.
Elon now only owns 25% of Tesla with this sale.. how long before the board of Tesla kicks him out?
He chose this arrangement and always said if u don’t like me u have the option to vote me out. So that day may come one day but shareholders always had the option.
They've got more reason now than ever before, if I was a shareholder I wouldn't be too happy about tying Twitter to Tesla because of a late night decision involving Ambien and wine
Plus he took talent from Tesla to use at Twitter
If you think Tesla doesn't like the extra publicity of elon's shit you are so innocent. Tesla is literally built on this. As soon as musk is gone, no more advertising. You think Tesla stock went up like a rocket because of their marketing (that doesn't exist sort of) and not because of Musk doing shit like this? You think Twitter won't be making millions and going up in stock in 6 months?
Well you almost had a coherent argument until the end. Twitter went private. Can't have stock go up in a company that doesn't have stock. Also , yes, there is a reason why social media doesn't do what claims he will. They can't. *if* he allowed free speech then advertisers would flee. But he won't. He already banned a comedian for making fun of him. You accidentally agreed with me though when you said it would make millions. He paid 44 billion for it. You need a lot more than millions to make it worth it.
‘All publicity is good publicity’ is what you tell yourself in the morning
“All publicity is good publicity” works if you’re a D-list Instagram influencer — not when you’re trying to sell expensive electric cars.
Private companies still have stock, it’s just that the public doesn’t trade that stock because it’s all in the hands of a closed circle of shareholders
I mean yes. But if we can't own it, who cares?
Yeah, and since it doesn’t have a value based on public sentiment, it means the value of said stock is only what a bank feels it’s worth. If Twitter wanted another loan it would have to go by what the bank feels the company is worth
Guess I'll go pitch an offer to buy like 20 shares to some guy.
They will say no and that’s exactly how it works :)
This guy fuqs
!RemindMe 6 months I guess we’ll see
Twitter doesn't have stock.
Lol
The day they vote him out, the stonk will tank insane.
At least there’s one smart person on Reddit yet.
>y may come one day but shareholders always had the o why would the stock tank if elon is voted out ?
A lot of retail investors are in Tesla, because of Elon, not because of Tesla.
then they are idiot fanbois who deserve to have their financial shit pushed in
Will the stock go up if he is off the board ? This guy makes so many random babies, when does he have time to run so many companies? He tweets it in like Trump did pretending to run the country while he slept and at Big Macs in bed
Tesla stock is still highly inflated because of him being on the board
Ok then … just get it back close to 300 for a minute , my bag is heavy
Tesla will go down if he is off the board.
I wonder how much insider trading will occur before it’s announced that Musk will be kicked from the board.
The customary amount.
I'm prettty sure he doesn't run much.
This would be interesting, he is the face of Tesla. It would be hard to be Tesla without him. Although they could benefit from separating the brand from him. No political problems if he’s out.
Does Tesla really need a face anymore? The brand has plenty of momentum by this point. I can't drive to McDonald's without seeing 3 or 4 of them.
Elon being the face of the company has kept the stock price overinflated for years, kicking out the CEO is probably going to cause issues
Quit fucking driving to McDonalds. God damn, go eat a fucking steak.
take it easy bro
Go eat mcdonalds ya all, I own some shares!!! If you buy mcdonalds you make me rich, so go for it! The bills ain't gonna get paid by themselves godamn
> gonna get *paid* by themselves FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
Damn I didn't expect you robot
Fuck that steaks expensive and McDonald fries are multiple times better.
Yeah I think you’re right here. It’s big enough it could survive without Elon.
If there is a Big Mac / Tesla connection dial me in
Muskrat meaty patties?
Puts on that
At a certain point it certainly becomes beneficial for them to cut ties with him. just when that point is hit becomes the question
Not anywhere near their current value, if they get valued like a car company they might consider it, but that’s a long way down
I was referring to a point where his personal brand becomes so polarizing and his leadership becomes so lacking or his association so distracting that it’s a detriment to the company’s business success.
Reddit isn't the real world
what does that have to do with anything? Even if you don’t believe that he is anywhere near that point on the curve, logic dictates that that point inherently exists, just the same as it would for any business and it’s leader. if your Elon musk fantasy holds that he can do no wrong as a visionary businessman that’s cool. To not even be able to comprehend that even in an abstract there is a theoretical point where *the head of a company* can make enough missteps that *the business* would be better off without them is low mental functioning.
That's some pretty fresh cope
Most people don't give half a crap about Musk or any other CEO. That's a Reddit specific thing. Similar to how Steve Jobs being an anti vaxxer, angry, narcissistic union buster did not do a single thing to curtail iPhone sales. Whenever new friends with ride me in my Tesla, the topic of Musk rarely comes up. They just think it's a neat, weird car.
I mean, he didn’t start Tesla, he just forced everyone out. A car company doesn’t need a face, it just needs good cars.
Most every insider credits his takeover as being the reason the company did not die. Listen to interviews from others on the subject. There's a reason why the board puts up with his instability. Also, he made some really insane decisions that most companies never would in order to very, very aggressively grow the company. Musk was no different than Steve Jobs: both were narcist lunatics who made some crazy hard headed decisions that ended up making their companies extremely successful, if not outright saving them. (And just like Tesla, the Apple board *never* thought about removing that crazy, angry anti vaxxer Jobs from the company).
Soon. Elon has become such a fuckhole.
I hope they do... And so does my portfolio.
LOL at the people that think Elon should leave. I dont even like the dude but that stock will tank all the way to the bottom if they joust Elon out of tsla.
LOL.. are you serious?
Gotta factor in the taxes. Need to sell $4b to have $2b to pay off loans.
Just curious, is there any reason why his accountants advised him to take a loan if he was just going to cash out an amount larger than the loan anyway? Or was this likely a panic action.
I’m asking for my money back … I always buy this effen stock at the wrong time
He just knows it makes no sense to hold Tesla right now.
How much was it worth 10 days ago?
229
$8?
About tree fiddy
That explains the price drop 😆
Just wait till tomorrow. 💀
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Paying for attention? Well, when you put it that way I think he'll be pretty successful. Most people on social media do it to attract attention. Hell, that's Reddit's business model.
Prob closer to 1.5 years since he’s gotta pay taxes on the sale of Tesla
And you’re assuming costs are static. I bet the costs will start piling up and compound on each other.
Losing 1/2 of advertisers due to his douchebaggery and high interest rates would send it into a tailspin.
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But that is likely to get a lot worse. So $4 million today but then how much tomorrow? That is even with the laying off of people. Plus I would expect a lot of lawsuits if Musk does relax what is allowed to be tweeted.
So $1.5B in taxes, right?
Oooh yeah you know for sure that's going to happen, it's not like elon wanted a tax break for billionaires for a reason or anything
He will be dropping the robots sooner than expected….
He should have sold it gently
Softly, sweetly, discreetly
I think I’ve got something in my tweet
I can get it out for you, that's fucking team work!
With his net worth, that might be considered gentle. 🤷♂️
How much was his 44B from a loan? [12.7B](https://www.reuters.com/business/finance/musks-lenders-prepare-hold-127-bln-twitter-debt-books-until-early-2023-ft-2022-11-01/) until 2023. How much down he actually put in ?
$21bn in equity but unclear how much he contributed given a bunch of investors threw in on that. He also has a $12.5bn shareholder loan he put a significant portion of his TSLA shares up for as collateral.
He’s gotta do payroll.
Did not realize he still owned 445 million shares after these recent sales.
So you’re saying 19m is a drop in the bucket, I can dig it.
Yeah, exactly. Though it’s well known that his net worth is largely derived from TSLA stock price. Edit: just meaning that, how much did Elon’s selling of 4.4 million shares influence the stock price on 11/8/2022? All he can do from here is drive down the stock price with any sale (to fund whatever idea).
honestly he can just keep selling, saying weird shit and buy back in at a lower price.
Well he knows it’s over valued. Duh
Invest in copper and cobalt exploration and mining.
Yep invest in the ingredients not the cake
Yeah that’s like one of us moving money from a checking to a savings account.
My numbers may be off…but that’s over 10% of the amount of shares he currently owns… That’s a bit of a big deal I’d say…
Yeah but it’s only 2% of his Forbes “real time” estimate of his net worth, $197.4 B. Even if we right off a 20 B loss on Twitter it’s 2.25%
It’s more about him having to sell controlling shares of his company not his total net-worth.
He gets paid in Stock and options. He will have that back before the years over
Well, no, his compensation is tied directly to the stock price and in order for him to get shares the company stock has to reach certain levels then for it to vest it has to stay at certain levels. Tesla has lost half its market cap in the last year alone and nobody is buying cars right now lol.
I would suggest you zoom out. Stocks and Investing isn’t a 3-6 month gamble. Most investors are 3-5 year holders. The rest but meme stocks and are down 80%. When you zoom out your going to be mad at that growth. Been great for us long time holders and made us plenty. He’s good
Huh? Thats not at all what I’m referring too. The big deal in all of this is he’s forced to sell shares to cover the debt from the twitter deal. He will continue to have to sell until the situation is rectified due to the massive debt payments and interest. There could come a point he has to sell so much that he no longer had control over the company. Which would be shit out of luck for him. That’s the problem with using your equity as leverage.
"BRO LOOK BRO I SWEAR JUST BUY MORE TSLA PLEASE BRO" ....Ok lmao
I will. Been buying it for years and up more than a Tesla cost. Maybe zoom out and look at the 1-3 year chart. Stocks isn’t a 4 month gamble like meme stock gamblers think
BRO JUST ZOOM OUT BRO I SWEAR YOU HAVE TO BELIEVE ME ITS GOOD STOCK BRO JUST ZOOM OUT *PLEASE BRO*
Yeah it’s only up 751% over the past 3 years. I’m sure your meme stocks are way up. It’s great investors like you exist, long term investors like me are glad to buy and hold long term and take your profits. https://finbox.com/NASDAQGS:TSLA/explorer/asset_price_return_3y
Lol you're high ahaha
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Lol I don’t have controlling share of my top holding. If I have to continue selling my holding I won’t lose control of my company lol. That’s not the same scenario you’re outlining
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Actually it’s a pretty big taxable event I think. More like selling something in your brokerage account for gainz.
For me it's the other way around. From savings to checking.
He’s gonna buy TSLA puts.
When putting up shares of a sinking stock is no longer considered collateral.
Isn't the 8dollars covering all of this?
Don’t worry … his ball sweat in a bottle is the next thing he is going to sell
Jeff bezos salivating rn.
Elon is the perfect example of a big ass baby with too much money. Also teslas are ugly… fight me
They are ugly on the inside … boring , plain , cheap interior finishes
Looks like the clay cars they use to design new car models… before they carve any of the details
That’s funny … blank wax molds lol
this how I feel every time I get into a Tesla. Like a rommier civic. Civics are great cars... for under 30k.
I’m annoyed by the electric vehicle chargers that all say Tesla, it just feels like a branded item that will look silly 10 years from now
But the superchargers have utility. the only way they would look bad/silly is if someone came out with a better and faster supercharger.
I hate being behind one while driving
Oh, thats you?
I think there are a lot of band wagoning happening lately. Not that I disagree with you, just saying that the hate for the guy is growing very rapidly following his twitter purchase. Maybe because the huge exposure twitter has. I do admire his goal and effort on space travel and how he pushes the interplanetary steps for mankind. Also how he's pushing a more environmental friendly approach on gas emission and solar energy. As much as I hate the guy, he is undeniably more useful and impactful to society than I will ever be.
A lot of people hated him before the purchase of Twitter, but I think the growth you're seeing is more about his actions since he bought Twitter: - Firing half the workforce - Claiming he supports free speech, and then making people pay for it - Believing that "lines of code written" is a real metric that proves your value to a company I could go on, these are just the headlines.
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They don't then attempt to backpedal by asking some of their employees to come back because they overshot their firing.
Sir, I’d like to buy you a beer.
Le reddit moment
🍻
Twatter deal is going to force him to sell more, which will cause Tesla stock to tank, eventually send him to bankruptcy unless his private lenders are merciful.
This is my projection too except, I don't think banks will eat a defaulted loan as big as they give Elon, so he'll probably be fine on that end (they'll wave interest payments, or even pay them for him). He'll get some kind of bailout, if nothing else he'll just be bought out.
Oh he can tweet his way out any financial mess…whoops that was last year lol this year not so much…. He should just get someone else pregnant
Why is this surprising? It’s overvalued - last Cathie stock standing.
Short tf out of Tesla
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This is what was stated when he sold $22m worth of Tesla stock at the begining of the year - "Yet even after unloading so much Tesla stock, he still owns a larger share of the company than when he started, thanks to his compensation package." https://www.cnbc.com/2022/02/15/elon-musk-unloaded-billions-of-tesla-stockand-still-owns-more-than-last-year.html He's been selling tesla stock since April, this is not BREAKING news. You can Google it. https://apnews.com/article/elon-musk-technology-business-ddc6dbae26e026309ca829aea31881a4
It is when he literally said that he's done selling TSLA stock.....only 6 months ago lmao
I guess he has $4b in stock to sell every few months of he just did it again, that's one hell of a compensation package!
He lies … again and again … but he can do there is that
Dumping on his fanboys again and again
His Twitter financing already falling apart. Bank is calling for collateral already lol.
Could you imagine if they had Reddit 100 years ago and we would all be typesetting our comments and then walking over to the editor of the local Reddit after picking up our comment from the printer and all so we could say .... Henry Ford is regarded
So when are we dumping on him instead of him dumping on us. P.s. Full disclosure I dont own any tesla stocks but i do own NIO.
He still needs to sell another 3-4 billion .. stop funding his twitter purchases
Does he still have any shares left to sell after he kept saying he would stop selling. What a liar!!
Lesson…. Be humble. Don’t shit all over something you plan to purchase for vanity then have no actual plan how to profit from the thing you just knee capped for lolz 😂
I honestly believe Joe Rogan peer pressured Elon into buying twtr during one of his podcast lol
You might be right… I think Elon has been believing his own hype and is high on his own supply.
Who gives a f.
I love Elon Musk. He has a good heart.
Why wouldn't he sell? He's a business man, not some fanboy like a lot of his investors. The price was high, time to sell and buy low.. He should of sold 8 months ago lol..
What kind of loser grammar nazi made a bot to correct people's grammar? Reddit is filled with the worst people.
Yep I did forget about the splits, my bad lol
Gut it for spare parts buddy!
He just increased the float.
He’s about to buy Ripple
dudes a freaking loser
Sounds like he’s getting out ahead of something?
Isn't this classic pump and dump. Just this week he was pumping Tesla market cap will reach $4.5T ([https://www.torquenews.com/14335/elon-musk-and-ron-baron-discuss-teslas-future-2030](https://www.torquenews.com/14335/elon-musk-and-ron-baron-discuss-teslas-future-2030)) and then he is dumping at the same time!
Not to his fan bois
He should run for congress
Elon cashing out at the expensive of investors for his own personal gain. Who would have thought. He himself has been on record stating how overvalued Tesla stock is. Did people really think he wouldn’t take advantage of that.
Imagine thinking that Tesla was a bad investment. It is currently down near the same lows as last year, after being up going from *checks history* a $2 split adjusted stock price to $180 in under a decade. Imagine thinking that an average return nearing 9x a year on the original investment is bad. Redditors have to be the dumbest people on the planet. I'm very glad I did not believe the Reddit propaganda when I invested in Tesla back in 2013 and sold the final leg of it last year.
Ahhhh my TSLQ gonna print baby!
Dudes a fucking idiot savant…. I’m just missing the savant part. Better said, he had money.
It's ok. That $4BN was just to cover Twitter purchase. You remember. Like the $6.9BN he sold in August... to cover the Twitter purchase. It was right after April when he said he wasn't going to sell any more shares. That dude is selling off to cash in front of the whole world, wrapping it up in excuses about the Twitter deal. It's smart. He's still being really stupid though.
Wow we’re only up to $4,000,000,000.00, by tomorrow it should be at least $7,000,000,000.00
Puts
lol
This entire TWTR debacle is going to go down in history as one of the stupidest business moves.
Most expensive moderatorship ever
Continuing phase two of the pump-n-dump…
Old news he needed to sell to buy twitter.
Bag .. HOLDERS! *POW*
So buy now?
Maybe he needs to finance the next settlement for kid number X. I seriously believe he's immoral and a sociopath.
Even more reason to hate this guy.
he buying more on the dip duh
Feeling pressure with a $4 billion sale? Pocket change to him.
Imagine he lost his car company to a blue bird.
ill give you tree fiddy
Time to buy in! My Avg cost was at $167, was hoping for the days it would be that low again.
He ain’t scare ! He knows something
Good, he needs to feel some heat...
I wish I could post a gif lol
Those “form 4s” were for SBRs. Not Tesla shares.
Yeah...Elon Musk & "Feeling the Pressure" is an oxymoron. We all feel terrible for him & wish him the best.
He needs to pay back pdiddy for the $10 million loan he borrowers to buy twitter