When the kitchen staff won't eat the restaurant's food, you may want to rethink whether you should.
Annnd here comes the stock climb ugh
Eventually it will crash but insiders will see it coming a mile away and have sold 99% of the stock before it happens. They will know before everyone else when the first robotaxi death happens and "coincidentally" sell before it goes public.
Tesla Fanboys: This is bullish!!
Stock’s bottoming so hard uuuuugnnnh
How is it analysts keep saying they’re winning the Robo taxi race didn’t know they had one it’s bullshit they keep blowing the stock up it should be illegal $900 billion for something you haven’t even done makes me sick
>How is it analysts keep saying they’re winning the Robo taxi race They take Elons word as gospel. You know, the man who promised a flying Roadster.
Yeah. Every day there’s a new analyst saying bullshit today the guy says Robo taxis are $300 or 900 billion of Teslas value how can They even justify that with a straight face
I just hope at least Elon will still have a lot of stock so he crashes too.
Speaking of which, has anyone seen fElon eating at his own diner?
He's hedged his bets with private companies that don't have to disclose they're money pits
I think Elon is a dipshit and Tesla only still exists because of his fraud, and I have serious issues with this article. Based on the provided numbers in the article, the actual number of shares held by the named insiders is largely unchanged. Options outstanding has decreased significantly, but the only actual explanation as to why in the article is a brush off "To be fair, some of those changes also include cancellations of stock options for board members" where the "some of those" have a value of $600M so probably represents at least a third of the "missing" options. Did the rest expire unexercised for whatever reason? Were they actually exercised and immediately sold? Who knows, because the author of this piece sure isn't telling us. What we can say for sure is that the article headline is clickbait/ragebait.
They are just passing on the main meal because the dessert they are promising will be delicious.
And 150mph underground hyper tunnels
\> ave sold 99% of the stock before it happens Execs at the very top, MAYBE. That's what happened at Enron. Remember this is about a cult (or communal meme, if you prefer) and the rules are more about Freud than John Maynard Keynes. Consider that anyone buying into Tesla 5 and more years ago self-conceived themselves as futurists -- optimists in a cleaner electric future, proud to be part of it as Tesla's success proved them right. I was not among them, but I admired Tesla for challenging the old guard, and making a great show of it. But anyone who got involved in recent years is pumped up on robotaxi, AI, and humanoid robot fantasies. In hindsight, Musk's decline started earlier, when he first pumped crypto. Anyone who hasn't sold yet is not phased by the Nazi salute, Trump support and childish squabbles and is counting on "genius" to make AI and person robots real. The top asses at Enron sold out before the fall (even as they urged employees to keep holding) but that company had a lot of faithful too. **The nature of meme stocks, like the nature of crypto (meme-currency!) is that the faithful do not sell.** **And anyone who has not sold yet is among the faithful.** Consider the Nazi madness of Germany at the end of WWII. Russia literally at the doorstep of Berlin, and many held on for their resounding ultimate victory, sending boys into the streets with one-shot anti-tank weapons. Being in denial is a skill -- it takes determination and practice. We are all through the Looking Glass... [literaturepage.com/read/throughthelookingglass-42.html](http://literaturepage.com/read/throughthelookingglass-42.html) **“Alice laughed. 'There's no use trying,' she said. 'One can't believe impossible things.'** **I daresay you haven't had much practice,' said the Queen. 'When I was your age, I always did it for half-an-hour a day. Why, sometimes I've believed as many as six impossible things before breakfast.** Being an English Major is underrated.
I know, that is why I said insiders. Executives, the board, Elon, etc.
I'm not disagreeing with you really, but I also don't ultimately understand Tesla. In the case of Enron, there's damning video where J. Skilling basically mocks mark-to-market accounting. He jokes they're going to a different even wilder system and (in a sort of skit) is complimented for his brilliance and vision. The reason it's damning is at that moment you realize: HE KNOWS IT'S ALL BULLSHIT! HE KNOWS! But he continued publicly to defend mark-to-market ("the accountants all signed off on it") and himself. So how about Musk himself. Did he (and does he) realize Bitcoin is all mirrors and lunacy? He's putting real money into Optimus -- does he really think it can become a product? Does he secretly mock the believers who buy Dogecoin (the coin THAT STARTED AS A JOKE) just because he touted it? Does Cathy Wood understand she's a conwoman, collecting fees as her funds lose money, or does she consider herself a visionary backed by religious faith? At some level, Enron's Skilling thought he was brilliant. He tried to get funding to prove it after he got out of prison. **So the eternal question is: to what extent do these scammers believe their own bullshit? {\*}** Not a 100% (Musk must know crypto is bull) but not zero either (Musk really wants Optimus to be real). **{\*}** (Socrates first asked that... or maybe Freud or Ringo Starr, I forget)
Exactly
Got it. I fell for another one of Electrek’s relentless attacks on Elon and Tesla again.
I'm an outsider, I sold 100% of my shares long ago.
Guess they don't agree with Elon that it's going to become a $30 trillion company any day now.
No shit.
HODL!
bullshit = bullish
They got sued by shareholders and had to relinquish around $1 billion in stock compensation. So sure the article sucks...but still, are we really talking about $billions for board members?!? Its crazy.
Forward EPS estimates continue to plunge, falling 3% today alone This is the most overpriced POS stock in history
Damn I didn't realize the Epstein's close friend Kimbal Musk was still on the board.
I think I’ve read this book before - “the smartest guys in room”
Even if they do not sell all their shares, they are getting billions in stock options yearly. They just might not fully realize their last paycheck. Musk just got 20 billion. Can not sell them for two years but that hardly matters as he can now sell his current holding. Just to put that in perspective, The CEO of Ford is one of the higher paid CEOs. Musk with this compensation package could pay the wage/compensation of the Ford CEO for 1000 years.
How are you guys not tired of this same comment in every thread on this subreddit
I wouldn't want to be the last one holding that hot potato.
Doesn’t matter. Cathie Wood has bought all the shares.
This stock has a million reasons to be at zero, but many billions of reasons to rip higher temporarily. If you don't have inside info, this dumpster fire is both not tradeable and uninvestable.
Not a good sign.
Owners sell stock for various reasons, not necessarily because they think it will go down or they don't believe in their mission. The question not explained in the article is why these shares were sold, in details. Some assumptions and information which is already public is provided. Whatever the article is insinuating sounds **very biased.**
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