-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Why is this even a talking point? It's not like Elon would sell billions of dollars worth of shares after he gets them and crash the stock. Never would I ever imagine him doing that.
Not sure if you’re being serious or not, lol. What else is he going to do with them after fighting for it so hard.
Lol I was just joking around. It's just funny he has to state this because that means he knows he screwed over the share holders by selling his shares on the open market and he knows that is probably leading to some no votes.
I don't really want to kick a man while he's down, but I find it a bit pathetic that the board and Elon are going through so many hoops to get this money back. It's unfair that the court took it from him, but the vote would have easily passed for him to get the package back if he and the board had actually run the company properly. I don't know what the result will be but if it does not pass he put it on himself. And to quote what a famous person once said:
There's a scene in The Princess Bride – great movie – where he [Montoya] confronts the person who killed his father. And he says, 'Offer me money. Offer me power. I don't care,'”
Last edited:
Futures are down so far. I still have 170CCs for Friday that were a multi week roll after the earnings pop. The closer we can get to 170 by Friday close the easier they will be to manage....
I got an "invite" for the foundation series today. My Y is almost 4 years old now... and I need to get it re-wrapped ($6k). I'd be "saving money" if I went ahead and bought one, right?
Knightshade
Well-Known Member
I mean, he has a massive amount already worth of shares he can sell for cash any time he wants (it used to be more-- before he dumped a ton of them for cash....)... so telling us the SPECIFIC shares from the comp package must be held for 5 years isn't really useful info for preventing anything but a total cash out.
Yeah, wilt -c170's, -p172.50's and -c180's the closer we are to the low 170's the better for me, would love to close out today as I'm driving to Denmark tomorrow, would resell some puts, then wait for calls
If Musk exercises $59b worth of options then he would need to pay tens of $billions in taxes, he needs to get that money from somewhere, right? OK, he has other sources of funds, but the last time this happened he sold TSLA to fund it
the irony of that was that he ended up with more shares than he started with, but of course exercised options are dilutive and not buys on the open market, unlike the selling part
More details:
Tesla is preparing to register its Full Self-Driving (FSD) software with Chinese authorities ahead of its planned rollout this year, according to sources.
The company is also considering offering FSD as a monthly subscription in China, its second-largest market.
Successfully registering with China's Ministry of Industry and Information Technology will allow Tesla to internally test FSD on public roads before offering it to customers.
Currently, Tesla offers less-advanced versions of Autopilot in China, with FSD available for a one-time fee of 64,000 yuan ($8,828.32). The potential monthly subscription could cost around $98.
Nothing-burger in terms of financials, IMO, but positive news nevertheless
thenewguy1979
"The" Dog
Im going bailed out of those put spread at open. Gdp and job loss are cold. Pce also potentially cold….
Reenter at weakness. Not risking it.
Reenter at weakness. Not risking it.
low 160s would be but a tiny speck on its way to 500+
Hmmm... wondering if "would be" ≠ will be?
Long term, I am totally bullish too; hoping to excercise my old, simple LEAP-buying skills again one day not too long from now. But meanwhile...
Last edited:
thenewguy1979
"The" Dog
In other words are we willing to risk for a tiny spec when the upside is a bigger pie?
Similar threads
