5 ms·
Tesla stock held by Elon Musk is most definitely illiquid for some rather reasonable interpretations of that word. As the CEO he can't just sell whenever he wan
by ryanlol 7y ago
Tesla stock held by Elon Musk is most definitely illiquid for some rather reasonable interpretations of that word. As the CEO he can't just sell whenever he wants.
- bgirard 7y agoI don't understand why any of this is an issue. He can get a loan to pay now, file a 10b5-1 to sell stock in the future and repay the load then.
- ryanlol 7y agoIt's not an issue, this is a non-story.
- paulddraper 7y agoWhat about when given legal fees?
- i_call_solo 7y agoHe's allowed to sell, he just has to jump through some hoops. He just can't log into Robinhood and make some trades.