$Tesla (TSLA.US)$ In my experience, CEO's of public companie...
$Tesla(TSLA.US$ In my experience, CEO's of public companies do NOT sell big stock positions when they think the stock is headed upward. If Elon thought there was some great news coming out over the next 12 months that would propel TSLA upward, he could have borrowed more against his position and sold stock later in 2022.
So anyone who is buying TSLA stock now is buying stock from the founder who almost certainly does not see the stock jumping anytime soon. And who knows better than Musk about how the next 12 months are shaping up?
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Brandon Golden : Couldn't be more wrong. Elon knows this is going higher next year.
Geminiasianboi Brandon Golden : which is why he is selling more now and will buy back more later
IT farmer Geminiasianboi : Verily, at a tiny fraction of the share price he sold for. Party on!
Marvan IT farmer : oh, I don’t think it will drop below $800-900, at least not for very long
r8ntdxstAw : "If Elon thought there was some great news coming out over the next 12 months that would propel TSLA upward, he could have borrowed more against his position and sold stock later in 2022."
Wrong. Musk has 88M shares pledged for his current loans, which are less than $1B. The investment banks require huge collateral for these types of loans. So no, Musk could not have borrowed $15B to pay the taxes that are owed if he fully exercises his expiring stock options.
xoshi8HiuI : I don’t think it needs to be 12 months out. Massive insider selling followed by massive insider buying later from options seems reasonable.
塔冷风 : hi