If every 1million shares sold in return of 2.2Million share bought... is still a good trade... even the share price drops 30 to 40 percent from peak. Its a calculated risk... Merry Christmas Elon!
Tesla continued to fall nearly 2% in premarket trading as Musk sold another 934,091 shares for $884.1 million on Thursday
still Tesla is hipster name for now so some may feel is a semi-meme stocks... it will take more time to proof. As engine cars takes many many year to evolve into F1 and SuperUltra Bugatti. So is depend how Tesla is going to evolve... can they build $3000 economical EV.... and also will a SuperInfinate Roadster in 1.1s to 60mps... I think there is still a long way.... and maybe they may change name to Stesla?... let's see where Elon is going to bring us... to Mars?? 😊👍
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If every shareholders sells Tesla shares.... does Tesla able to buy back with Cash?? Can't imagine when Elon offload all his shares... who's going to buy? 🧐🤔 Mark? Bezo? Cook? But Buffett still won't buy.