Oh right, I forgot which one was paying him that ridiculous compensation package. Is Tesla worth $500 billion? I would think getting rid of the obvious emotional weak link that has rather public temper tantrums would increase the stock price, but that shows what I know.
As of yesterday the market cap was over 700 bn for Tesla. He can and has tanked the share price by bulk selling shares. Nobody is going to take that risk when they hold a few hundred billion in shares as even a 10% dip is at least 20bn dip. Best they can hope for is some more over the top announcements from Musk that boost the share price enough that they can reduce their holdings before Tesla drops like a stone.
Oh right, I forgot which one was paying him that ridiculous compensation package. Is Tesla worth $500 billion? I would think getting rid of the obvious emotional weak link that has rather public temper tantrums would increase the stock price, but that shows what I know.
As of yesterday the market cap was over 700 bn for Tesla. He can and has tanked the share price by bulk selling shares. Nobody is going to take that risk when they hold a few hundred billion in shares as even a 10% dip is at least 20bn dip. Best they can hope for is some more over the top announcements from Musk that boost the share price enough that they can reduce their holdings before Tesla drops like a stone.