I'm scared now! Selling Stocks.

[Garlan Garner]

Tesla CTO JB Straubel excercises ~$3 million in options as office presence called 'scarce' - Electrek

Sorry...but I'm outa here as an investor.

Trust me - I'm pulling for them!!!!

I wonder how much of this is Elons Fault. What a nice guy, but he shouldn't battle the big dogs of the stock market.

 

[NHK X]

Bye

 

[Garlan Garner]

Bye

Bye.

 

[Garlan Garner]

I got a funny rating from a guy named @ItsNotAboutTheMoney .

Interesting.

 

[Darscot]

Person sells 5% in options of their holding in a company and your bailing out, try put things in context. Maybe he wants a new Learjet.

 

[SMAlset]

With the purchase of Maxwell, couldn't that be a logical explanation for his time away from the Palo Alto office? I would think he would be very involved in that purchase and where that technology will fit in. I recall reading that the Maxwell purchase was months in discussions before the contract was signed and there would be a lot of due diligence to do of their technology and patents. Who better to be involved in the due diligence on batteries than JB. I would think he also would be involved in evaluating the personnel working on the battery technology there.

Maxwell is based in San Diego and he's probably spent a lot of time down there. Maybe the sale of some stock options was to cover a purchase of a residence down there if he'll be spending time there now.

 

[DontBetAgtsEln]

With the purchase of Maxwell, couldn't that be a logical explanation for his time away from the Palo Alto office? I would think he would be very involved in that purchase and where that technology will fit in. I recall reading that the Maxwell purchase was months in discussions before the contract was signed and there would be a lot of due diligence to do of their technology and patents. Who better to be involved in the due diligence on batteries than JB. I would think he also would be involved in evaluating the personnel working on the battery technology there.

EXACTLY!

People need to STOP reading Fred. Or at least do not take what he says seriously. Not investment advice!!!

 

[ngogas]

don't let the hit you where the good lord split ya. lol

 

[Garlan Garner]

EXACTLY!

People need to STOP reading Fred. Or at least do not take what he sais seriously. Not investment advice!!!

Fred isn't selling his stock.

I'm not following Fred.

Fred is a teslafan…. Why would he say something negative about Tesla?

 

[Joshan]

great idea selling when low!!! FYI, you have not lost a dime until you sell....

 

[DdotRoq]

Fred isn't selling his stock.

I'm not following Fred.

Fred is a teslafan…. Why would he say something negative about Tesla?

Because saying positive things about Tesla 24/7 equates to readers believing he's bias and will take his "Electrek's take" as a joke.

People do anyways, but just giving you the reason as to why he would say something negative about Tesla. Lately, he's posted more negative than positive.

Also, just go ahead and sell. Panic selling is what has rekt majority of investors buying because of hype. A good example, I purchased Amazon stock at $900 and it broke $1,300 then dipped down to $1,200 and sold to collect my profits. Imagine where I would be had I held til now. You don't need to search for it, it's currently sitting at $1,775 and that's low considering Wall Street is on its 4th consecutive decline week.

 

[Joshan]

This has already been said, but I feel the need to reiterate. He still has over 300k shares, he only sold 15k. He sold like 3-4% of his stock./ He is hardly "running away scared".... The guy just needed some quick cash.

 

[DontBetAgtsEln]

Fred isn't selling his stock.

I'm not following Fred.

Fred is a teslafan…. Why would he say something negative about Tesla?

This has already been said, but I feel the need to reiterate. He still has over 300k shares, he only sold 15k. He sold like 3-4% of his stock./ He is hardly "running away scared".... The guy just needed some quick cash.

He's also a battery expert and they just bought a battery company. Guess he's spending lost of time with them to do the integration (assimilation)

 

[sduck]

Why did you post this here. It's not Model 3 related. Use Tesla Inc. for this kind of thing.

 

[DontBetAgtsEln]

Fred isn't selling his stock.

I'm not following Fred.

Fred is a teslafan…. Why would he say something negative about Tesla?

Garlan, no one can tell you what to do with your money and investments (a lot will try anyways). Nor was I telling you not to read Electrek. I was making a general statement based on my bias (P.S. I "do not like Fred").

I just hate it when I see incorrect and/or misleading information.

Best of luck to you!

 

[GreenT]

As usual Tesla communication sucks. The company should state what the guy is doing to avoid this very kind of ambiguity.

 

[Darscot]

As usual Tesla communication sucks. The company should state what the guy is doing to avoid this very kind of ambiguity.

No company reports what people are doing. It has nothing to do with Tesla. The issue is people are investing without experience and understanding. Stock sales by executives are always reported and its completely normal and common. This kind of sale is nothing.

 

[dsvick]

This has already been said, but I feel the need to reiterate. He still has over 300k shares, he only sold 15k. He sold like 3-4% of his stock./ He is hardly "running away scared".... The guy just needed some quick cash.

Exactly. And, the article also said he'd been planning to sell them since last year.

 

[super20g]

I am long. Kind of have to be right now being down enough to buy another M3...

 

[BillsFan]

If you keep selling, I will keep buying. Bought 50+ shares today, and will continue to buy more if the stock price drops. Short-term volatility is not for the faint of heart. I just wish I had the opportunity to buy Apple at 4.