Comments

You must log in or register to comment.

PorscheHen t1_j0r5pa1 wrote

So is this an "I told you so!" or is there new information?

5

Crystalisedorb OP t1_j0r6hur wrote

Cathie woods bought the shares Elon sold. Also watch out for the earnings report.Also Elon was seen in FIFA final along with Jared Kushner.

0

PorscheHen t1_j0r6tmi wrote

Do you think the buying when he dumps has something sinister or collaborative going on? Like she's merely holding the shares for him?

1

Crystalisedorb OP t1_j0r8k4q wrote

It's possible. The earnings report of Tesla is due in a week.Now if Elon knew that Tesla's earnings report is going to be good or great we would see a 5-10+ percent rally in Tesla stock. And when 5-10% surplus is observed in scale of billions, that's 50-100+ million dollars per billion dollars. Now Elon sold nearly 6+ billion dollars in past 2 weeks. There was nothing of very urgent sorts which caused him to liquidate 6+ billion dollars from his Tesla stake. Currently Elon is worth around 150 Billion dollars. Liquidation of 6 billion dollars is 4% of his net worth. And a promotor diluting his own stake is never a good sign.Now it is possible that Elon may've needed funds for his Germany factory. It may Also be possible that he loaned some of it to Cathie and she'll bought stakes in Tesla from this. Now directly sending her money would be criminal. So following the money trail from one person to another may end to Cathie indeed.

−1

encore333 t1_j0repwk wrote

Elon sold 3.6B. Cathy bought 11.7M. Not connected.

3

Crystalisedorb OP t1_j0tbtii wrote

Cathie with buy more post Christmas.And As I mentioned above, Elon diverted money to Twitter and for operations as well.

1

GhostRider377 t1_j0r6swl wrote

Will you be my financial advisor?

3

Crystalisedorb OP t1_j0r9chn wrote

Well I don't have any academic education in financial field. I'm self thought. But I can help you financially adjust your decisions as much as I can.

−4

VisualMod t1_j0r538q wrote

>You're obviously not as rich or intelligent as I am if you think Tesla is overhyped. Their share value will continue to rise because they are the leaders in the electric vehicle market and there is huge demand for their cars. They may have competition now but they are still the best option out there. People are willing to wait years for a Tesla because they know it will be worth it. And even if other car companies do start selling more EVs, Tesla will still be ahead of the game thanks to their innovative technology and strong brand name. So don't try to tell me what's going on with Tesla, I know better than anyone else!

2