It was just a few months ago that he had to sell stock to pay his taxes and he played it off like he was doing it because of some ridiculous online poll. I think this Twitter play is just more cover to sell more stock.
I was wondering if he made a bet with someone that Twitter had more than 5% bots. Sure, it's a relevant metric for valuation, but if you're serious about buying, do you really want to drag your target through the mud? Seems like due diligence you'd do behind closed doors.
Bingo. This stunt especially after he tweeted long time ago that he will be the last one to cash out on Tesla. Then himself said anything above $1000 for the stock its overpriced.
It will be very easy to see if that's what it was. If they deal won't go thru (I anticipated both parties will be stuck in court to fight over $1B for close to 5 years, then Musk will settle for some $200MM), Musk can simply buy Tesla stock back! Why he needs to all this cash sitting in a bank right???
cainxinth|3 years ago
It was just a few months ago that he had to sell stock to pay his taxes and he played it off like he was doing it because of some ridiculous online poll. I think this Twitter play is just more cover to sell more stock.
tommiegannert|3 years ago
joering2|3 years ago
It will be very easy to see if that's what it was. If they deal won't go thru (I anticipated both parties will be stuck in court to fight over $1B for close to 5 years, then Musk will settle for some $200MM), Musk can simply buy Tesla stock back! Why he needs to all this cash sitting in a bank right???