4 ms·
Has he really? a) it's really obvious that he's doing it — I cannot believe he hasn't fallen foul of regulators yet b) he hasn't gained anything from this parti
by oneeyedpigeon 4y ago
Has he really? a) it's really obvious that he's doing it — I cannot believe he hasn't fallen foul of regulators yet b) he hasn't gained anything from this particular deal yet, as far as I can tell
- xuki 4y agoHe used that excuse to sell 9B of Tesla stocks. It's pretty hard to justify selling that much as a CEO of the company.
- rcMgD2BwE72F 4y ago$9B sounds big… until you realize it's a tiny % of his holding.
- nowherebeen 4y agoIt doesn't matter how tiny. 9 billion in stock market trade by management will move the market both from the amount of sell orders and from the market reaction.
- CamperBob2 4y agoIt also sounds big until it costs him $50 billion.
- grumple 4y agoWow. Now that you say it, that seems really obvious. He managed to do an unscheduled sale of stock at the peak of the market.
- nowherebeen 4y agoUnfortunately, he didn't expect Tsla to go down so much. So now, on paper at least, he has lost more on this deal than he gained. Call it a little bit of Karma.
- fullshark 4y agoMichael Burry I think has been speculating this from the start. Probably others. Edit: Well not exactly but this is what he said: https://twitter.com/BurryArchive/status/1460124776597495808?cxt=HHwWgIC5zfHvs8MoAAAA https://twitter.com/BurryArchive/status/1460124776597495808?...