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Elon buys $1BN of TSLA

Buying stock in your company is a sign of extreme confidence in your company.

Dumping stock in your company means you already know it is dying.

h.t Sanjay

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Turk

Rats from a sinking ship!

Quantum Alpha

Could it be some profit taking? They’re at ATH. I do think they’re facing headwinds but maybe this is to be somewhat expected?

Hobbit

Yep.

Grant

When do we short!?

MGM

Tesla went 20% up because of Elon buying and not because of retail or institutional buys.That is a significant difference.

Harbinger of Sound Money

Great insight James! It really shows the difference between founder-led disruptive companies and ‘employees’ with a fiat mindset :)

Cybernek

Agree most owners sell stock or sell their company outright.

Macro Feed

“You did it Mary, you lead!”

Bayra

Elon sold his stock over a year ago too

Aegis87

Selling isn't a big deal. Selling 40% of your stock as the CEO is catastrophic.