When Elon did his
$Tesla (TSLA.US)$ poll and then sold off...do people realise what a raw deal they got?
He exercised his options at less than USD7, got 2 million shares and then sold just half. This is less than 1% of his stock. Looks like 9% more to go.
While everyone focuses on the USD1000 profit per share he got, do people realise that Elon just pulled a fast one by diluting EVERY single shareholder? He holds one million more of the free float now...he just diluted every one of his shareholders. And he is going to do this with the rest of his stocks
Executive options expire next year so expect more of these shenanigans not just from Elon but from his top execs...share dilution is the hidden killer as it steals from every shareholder...I have never liked it, and when Elon does it like this, he feels more like a snake oil salesman than a respectable CEO
earning_s : This is the result of popular vote
AwakeningMoo : Consider well respected CEO. He poll and let the voting decide. Considering he’s giving a signal to for people who wants to sell or hold instead of just exercising it