The Dumb Money Buys While The Smart Money Sells (Elon Musk Sells More Tesla Stock)
3 years ago
126
The Dumb Money Buys While The Smart Money Sells (Elon Musk Sells More Tesla Stock)
On the same day he "joked" about quitting his jobs, Elon Musk casually unloaded another $963 million in Tesla stock, bringing his 6 week total to about $11 billion in stock sold.
Musk dumped another 934,091 shares, according to SEC filings on Thursday. He also exercised stock options to purchase 2.17 million shares at the same time, according to CNBC.
In what is developing to be an interesting timeline of events, on Thursday night, Musk also Tweeted that he was "thinking of quitting" his jobs to "become a full time influencer".
https://www.zerohedge.com/markets/elon-musk-just-sold-another-963-million-stock
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