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Elon Musk's 'insane' call: Tesla worth $700B
- readme 12y agoIf the company is worth so much, why are insiders selling their shares? http://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0001318605 http://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=000...
- smt88 12y agoIt could be lack of confidence, but it could also be that they just want to cash out. To some people, a few million might be more than they'll ever need or want. Or maybe they just need cash right now (pay off debt, start a business, upgrade lifestyle) and a few million is enough. Tesla was founded in 2003. That's a long time to wait for any kind of return, and some people are going to be impatient.