If you own Tesla stock vote NO

[Pagemakers]

https://twitter.com/x/status/1457064697782489088

 

[Medved_77]

For a bit of added context as to why he's considering it:

He's a loose cannon but personally I wouldn't have it any other way

 

[mswlogo]

I don’t have any stock and voted yes. So I can buy low

BTW someone commented on twitter that this represents $20,000,000,000.00

Currently vote is 55% yes 44% no

 

[Fursty Ferret]

I own Tesla stock and voted yes. Will buy the dip.

 

[Pagemakers]

Wonder what % the drop will be

 

[GRiLLA]

Anyone else feel that the SEC is going to freak out about this kind of shenanigans

 

[Cardo]

Anyone else feel that the SEC is going to freak out about this kind of shenanigans

I’m not sure the SEC is really geared towards modern day society.

I still can’t get my head around how it’s perfectly legit for bears to place bets against a company then go on a full PR offensive to cause the stock to dip.

 

[SageBrush]

Elon is not stupid -- he has not said when he will sell the stock. So the poll has not changed anything. Elon sells when he feels like it, and the shareholders hope he still cares about Tesla

 

[corriedotdev]

The recent spike was due to hedge funds not retail investors.
Secondly his shares are private, they are not going to make the stock tank by default. Retail investors who read the tweet and sell on that basis alone is the only reason it would go down and surely it will due to the amount of idiots invested in tesla that dont understand the markets.

 

[Washout]

It's a dangerous precedent to set, encouraging governments to think their electorate will tolerate having assets sold to pay unrealised cgt... imho

 

[SageBrush]

Secondly his shares are private, they are not going to make the stock tank by default.

I'm not sure what private means in this context. Who buys the shares ?

 

[Plagued]

I doubt it matters if his shares are private or not, it generally causes a drop, and as there's a lot of people in Tesla for the money. They will likely bail high to buy low, which will have a cascade effect of the stock. If you're playing a short game, then all you need to know is - will this have a negative or positive effect on the prices.
I voted yes, I've had my shares for a long time. I know it's going to hurt me, but it's about time some of this cash went into different things, even if we may not see any benefit this side of the pond.

 

[Olibol]

I wonder what the correlation is between no voters and tax avoiders? Just hypothesising