3 ms·
> any effort to liquidate his position would be expensive since it would drive the price down Didn't he sell quite a lot of stock last year? Bear in mind he
by logifail 5y ago
> any effort to liquidate his position would be expensive since it would drive the price down
Didn't he sell quite a lot of stock last year? Bear in mind he just keeps getting more of it as part of his compensation...
"Elon Musk unleashed a torrent of stock sales, options exercises, tax payment sales and gifted shares last year totaling nearly $22 billion.
Yet even after unloading so much Tesla stock, he still owns a larger share of the company than when he started, thanks to his compensation package.
Musk owns 172.6 million Tesla shares, or a 17% stake, which makes him its single largest individual shareholder."[0]
[0] https://www.cnbc.com/2022/02/15/elon-musk-unloaded-billions-of-tesla-stockand-still-owns-more-than-last-year.html https://www.cnbc.com/2022/02/15/elon-musk-unloaded-billions-...