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Tesla insiders have sold more than 50% of their shares in the last year
- duxup 1y agoI was once told that insiders sell for many reasons and buy for only one reason. The lesson being that insider sales shouldn't be a huge consideration. But it is hard to not read into this, quite a bit.
- taylodl 1y agoIf a plurality of "insiders" have sold 50% of their stock then you can be sure the company is on shaky ground. What they've just done is cashed-in to cover any downside losses and perhaps make some money. They're still invested to make more money if there's an upside swing. What all this tells you is Tesla is not a 'Buy' stock.
- duxup 1y agoYeah the variety and scale… hard to miss this one.
- more_corn 1y agoI wouldn’t want to be holding when the music stops either. Of course Elon will try to pull a rabbit out of a hat and may save it, but only by turning it into something new.