Viewing a single comment thread. View all comments

Cultist6661 t1_iufu3fr wrote

Reply to comment by JustDanYo in Meta gain porn by JustDanYo

We don’t know the answer to many of those questions. My gut is telling me yes, he will need to sell shares. The terms of those investors could be “I need the cash next week” for all we know. Shorting TSLA rn makes sense bc it’s both a general market trend play and a volitile “other stuff going on”. Play.

2

JustDanYo OP t1_iufw9n8 wrote

It’s iffy as to what the fed will do this week. I doubt Powell would want the market to keep on pumping though so he might say something negative to create some downward pressure. Elon selling more shares can potentially be answer by the amount be made off selling shares recently. I didn’t look into the numbers so I can’t give you an answer.

1