Elon Musk warned investors during the
Q1 2018 Conference Call if you don't like volatility, don't buy TSLA stock:
Benjamin Joseph Kallo - Robert W. Baird & Co., Inc.
And anything you can do to help in the near-term on that, I think is helpful for the stock. (01:11:29) That's it.
Elon Reeve Musk - Tesla, Inc.
I think that if people are concerned about volatility, they should definitely not buy our stock. I'm not here to convince you to buy our stock. Do not buy it if volatility is scary. There you go.
But by 2023 it's his fault if you didn't sell at any of the
numerous ATHs reached since then May 2018? Why not? You were on TMC back then, so it's not like you were ignorant of his warning. Was it greed? But then that's on Elon too, right? Cuz he sold some at the highs, and you didn't?
Or because he sold more on the way down? You think TSLA stock went down 50% in Dec because Elon sold 0.8% of TSLA's float? Please. That was 99.2% short sellers, who jumped on another perceived opportunity, while paying media stooges to spread fear in an organized campaign.
Well, it worked! You are their target, and their victum. Does it feel better to blame Elon?
P.S. Elon selling in some hypothetical stock offering
WOULD NOT have changed the outcome. There is no secrecy at GoldmanSach with $billion at stake. Wall St hedge funds would have front-run any sale no matter what. Even if the sales were in a dark pool, word would get out, and Elon has to file an SEC report within 3 days anyway.
SHORTS did this, then blamed Elon, because he's in the light of day, and they are in the shadows. Butt-hurt fingerpointing does not change the facts. Shorts are trying to hobble Tesla, and they're STILL trying to get rid of Elon by attacking him.
Remember what the SEC asked for as relief in Oct 2018? Yeah, remove the CEO. Sound familiar? Wait until the next AGM, you hear it some more. Then ask yourself if shortsellers and their SEC stooges got their way, would TSLA have hit ATHs in 2019, 2020, and again in 2021 without Elon's vision and leadership. Luckily for investors, the Judge could see that, in advance.
TL;dr If volatility is scary, sell TSLA stock. Because shortzes will not stop as long as they're making money off the rubes.
Q. Why did TSLA go up on Tuesday?
A. So hedgies could short it on Wednesday.