Daily Poll: He has already decided.
![Daily Poll: He has already decided.](https://ussnsimg.moomoo.com/1636613775631-77777000-android-org.gif/bigmoo)
$Tesla(TSLA.US$ chief executive Elon Musk has sold around $5bn of shares in the electric carmaker.
The documents showed that the sale of about a fifth of the shares was made based on a pre-arranged trading plan set up in September. 14 , long before Mr Musk's social media posts at the weekend about selling some of his shares.
The documents showed that the sale of about a fifth of the shares was made based on a pre-arranged trading plan set up in September. 14 , long before Mr Musk's social media posts at the weekend about selling some of his shares.
The company's shares fell by around 16% in the two days after the poll came out in favor of him selling shares, before regaining some ground on Wednesday.
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THEWIZARD : LOL.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
That's only a very small percentage of what he needs to sell.
THEWIZARD : https://ir.tesla.com/sec-filings
PirateyAhoy : He is simply going to dilute every other shareholder when he exercises his options. People do not understand that he owns more while shareholders hold less in a such a circumstance...we have loss value without being aware of it
NotRoss : If Musk fulfills his promise, he needs to sell 12.5 million shares
THEWIZARD : His buy in costs is $6.24 per share.
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Selling around 1100+ to 1200+ levels equals to about 180X - 200X profits.
He needed a strong buyer base to offload to.
In the meanwhile, they just needed to hear a nice story and believe that he'll bring them to the moon soon!
After completion of offloading, perhaps another tweet?
Revelation 6 : Let’s go Brandon.
THEWIZARD : IF the source of the plan being hatched in September is true, then all prices after August had already been inflated.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
It takes time to plan and execute huge orders.
Welcome to Wall Street!
PW6187 : Not a good human being. Scamming and lying all the time. Always craving the limelight. Can't wait for his bad fall.