TSLA: Musk to sell 10% of stake

Well anyone following him at least a good portion of them must own the stock.
@ $1200+ a share and 3.3 million votes (as of time of OP above) how many do you suppose that would be?

Being rhetorical obviously as who knows. My guess, a lot more who don't own - in this social media age.
 
Did Elon give a heads-up to his brother? :)

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What's Elon going to do with soooo much cash in his hands? :)
Let me guess: starting another of his crazy (but successful) business ideas :)
Everything this smart & lucky entrepreneur guy touches turns into gold, it seems :)

i think he'll buy crypto - seriously. maybe SHIB. i think he likes to make a mockery of things, and if SHIB moons he figures the hodlers will buy a Tesla.
 
Elon Musk faces a $15 billion tax bill, which is likely the real reason he’s selling stock

No matter the results of the poll, Musk would have likely started selling millions of shares this quarter. The reason: a looming tax bill of more than $15 billion.

Musk was awarded options in 2012 as part of a compensation plan. Because he doesn’t take a salary or cash bonus, his wealth comes from stock awards and the gains in Tesla’s share price. The 2012 award was for 22.8 million shares at a strike price of $6.24 per share. Tesla shares closed at $1,222.09 on Friday, meaning his gain on the shares totals just under $28 billion.
 
Good thing I hedged, but isn't this market manipulation? I don't see how it's not looked at that this guy can send 1 Tweet to send the stock flying in one direction or another.

Didn't he already pay a fine before for Tweeting going private?

This might be his plan to get the shorts interested again than squeeze them out with another pop. To my memory, Musk despised his short sellers in the past, he still might be holding a grudge.
 
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