Paying the taxes is just an excuse lol, First he is diluting your shareholding. Second, he is dumping at record rate because valuation is not justified long term. Third, his execrise price is $6.24, and you're paying $900 + per share. Elon laughing to the bank and would like to thank your contribution to his networth.
Musk has sold 75.66% of Tesla shares he promised to sell
$Tesla Motors(TSLA)$ Elon Musk exercising TSLA stock options = buying shares at $6 per share and you are paying $966 to make him richer? Pffft please, don't be so stupid, stop contributing to his already mega wealthy net worth. And buy the dip? Seriously? Are you that dumb? Whenever this big wealthy **** exercises his stock options and sell it in the open market, he is basically diluting your shareholding in the company. Please realise this and stop being a dumbass!
$Tesla Motors(TSLA)$ Elon Musk exercising all these options means your shareholding is diluted dumbass! He could get a share worth $966 (way overvalued) at his exercise price of $6, you guys are exactly like dumbass to Elon. Keep pumping up so he could be even richer than he already is.
$ARK Innovation ETF(ARKK)$$S&P500 ETF(SPY)$ S&P 500 will end the week below 4,500!Sell before it's too late!!! Jerome Powell is going to accelerate rate hikes quicker than market expectations!!!!