Tesla board members, executive sell off over $100 million of stock in recent weeks
Tesla board members, executive sell off over $100 million of stock in recent weeks
As Tesla stock has fallen in recent weeks, members of the board and an executive at Elon Musk's company have sold off millions of dollars in stock, according to filings.
Aren't these filed months in advance?
Gee, I wonder if they know something we don't...
probably, but no need, what we already know is enough info to be doing this
Knowing that Tesla had a market cap exceeding GM and Toyota and all the other manufacturers and a PE ratio beyond belief, the smart ones were selling as soon as it vests.
Yes it looks bad from the outside, but hopefully it looks even worse from the inside, with empty dealerships and order cancellations.
How many months with zero sales can each dealership handle?
And didn't elon increase the number of units produced?
The numbers tanking when Elon started his bullshit is enough. He keeps double down. Telsa stock is basically shit going down the drain. Get out now before you drown in it.
Fuckem. They can all eat shit and die.
Tessslerrrrrr!
Fuck this company and fuck Elon in particular, but we're in a downturn economy. Some of this selloff is normal in this kind of situation. I work for a very successful company (completely unrelated to the auto/tech industry) which was rising before all of this bullshit and many of the top shareholders sold HARD recently
Sell high
Buy someone's repossessed home with the money and charge the mortgage+50 in rent.