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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


He used that excuse to sell 9B of Tesla stocks. It's pretty hard to justify selling that much as a CEO of the company.


Wow. Now that you say it, that seems really obvious. He managed to do an unscheduled sale of stock at the peak of the market.


Michael 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?...


Unfortunately, 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.


$9B sounds big… until you realize it's a tiny % of his holding.


It 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.


It also sounds big until it costs him $50 billion.




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