ELON MUSK CHEATED YOUR MONEY
As usual, billionaires are definitely smarter than the average joe retail investors.
Why would you think Elon offloaded his shares like the entire weeks before the FOMC meeting?
Sure, some would say oh he needs to pay taxes for exercising his expiring options....
Guess what those are just excuses of him knowing that TSLA valuation is near its peak and likely won't be sustainable in the near future
And one last thing, he is exercising his options at $6 per shares by the way, and you are buying it at what price per share again? Bear in mind those are the same shares...
Just that Elon will be laughing to the bank and retails will swim in the dip...
My thoughts, Musk fans please change my mind hehehee
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小超人爸爸 : Let time talks... now just play with your own trading strategy without emtion.
Jensen Philanthropy OP 小超人爸爸 : Hahaha let's see
Jensen Philanthropy OP : Musk still thinks at this price it is overvalued, proceed to clear off his position, cash is king
THEWIZARD Jensen Philanthropy OP : Not to forget that he only sold less then 1/2 of the shares obtained from his 6.24 option exercise .... So the prices can tank to 1/2 and he'll still be very profitable.
And he has another 170M+ options to redeem at $70+ for his Y2018 ...
Jensen Philanthropy OP : His cost basis is $6.24, even if TSLA is at $7 he is still profitable. Think about that, one good year doesn't mean good years ahead consistently.
THEWIZARD Jensen Philanthropy OP : Of course I knew that.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Need 13 for him to breakeven after taxes
Give him 624, just to be nice ...
Jensen Philanthropy OP : Ah forgot about the capital gains tax part pardon me... But yeah personally valuation is unjustified, and EV superior performance in 2022 unlikely to continue, just my 2 cents
THEWIZARD Jensen Philanthropy OP : Blinded cult fans valuation are different from financial valuation. LOL.