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mmmm2 | 2 months ago

Pump and dump scheme?

discuss

order

eru|2 months ago

What evidence is there for the 'dump' part?

Mr Musk is a strange fellow indeed, but he's not guilty of all the vices and sins. Just plenty enough of them.

mannykannot|2 months ago

That’s a fair point, but a combination of “fake it ‘til you make it” together with extracting massive “compensation” before you actually make it amounts to pretty much the same thing.

ben_w|2 months ago

IIRC, back in 2022 or so he'd made about as much selling TSLA shares as Tesla Inc. has made lifetime profits selling cars.

Tesla's profits have been positive since then, so this may no longer be the case, but still, that's a very iffy state of affairs.

mahkeiro|2 months ago

He has been selling a lot of Tesla stocks through the life of the company (not that it matters to him as other shareholders are giving him load of free shares all the time).

stanac|2 months ago

It's not the usual type of 'dump', but he will probably again request massive bonus or threaten to leave. And his statements are the key for pumping part.

tecleandor|2 months ago

He might be pumping until his potential trillion USD bonus :P

godelski|2 months ago

I'd say more in Doge and Bitcoin but you could argue with his stocks even though they're announced/scheduled.