7 ms·

Isn't Musk's increased stock sale to facilitate the exercise of expiring options? That doesn't seem like "pulling out". Zillow stopped ibuying, but a lot of po

by abeppu 5y ago

Isn't Musk's increased stock sale to facilitate the exercise of expiring options? That doesn't seem like "pulling out". Zillow stopped ibuying, but a lot of post-hoc analysis seemed to explain that ibuying can do poorly even if real estate is doing well, because the owners most likely to sell to Zillow were ones with properties that were overvalued by Zillow's model, due to attributes that the model didn't consider.

uh_uh 5y ago
The narrative was that Musk is selling stocks to cover his taxes. But he's selling more than that: https://www.cnbc.com/2021/11/16/taxes-arent-the-only-reason-elon-musk-is-selling-tesla-stock-.html https://www.cnbc.com/2021/11/16/taxes-arent-the-only-reason-...
- avrionov 5y ago
  Musk can't just sell shares. People like him file a schedule with FCC in advance and sell based on the schedule. His tweets were misleading.
  - uh_uh 5y ago
    So? You can still infer whether he's doing that to cover taxes or not.