Crystalisedorb OP t1_j0r6hur wrote
Reply to comment by PorscheHen in This was my reply to a comment which was a response of 50% more growth of company by end of this decade.This comment is a month old by Crystalisedorb
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.
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?
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.
encore333 t1_j0repwk wrote
Elon sold 3.6B. Cathy bought 11.7M. Not connected.
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.
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