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Guys, we go through this every few months. There are a billion reasons you might sell shares. Selling is a very uninteresting insider trade.
DaveT, $450K/year is nothing to snooze about, but it isn't "FU" money, or enough to retire on.
Maybe George would like to retire soon, and you can live nicely off the interest of $12 million, even if he can only get a %2 yield, that's $240K/year. Also, George's history is he shows up, sets up the retail operations then moves on to the next company (GAP, Apple, Tesla). Maybe it's time to move on or retire, you can't fault the man for cashing out, we don't know what his plans are.
Here is a nearly 3 year old interview with him:
From GAP to the electric car: Tesla’s George Blankenship | VentureBeat
How does that compare to what he previously made at Apple? My guess is he is accustomed to a much higher level of income.George Blankenship seems to be the highest paid executive on salary (excluding other compensation), TSLA Profile | Tesla Motors, Inc. Stock - Yahoo! Finance. Seems to be making $449k a year for base salary. Not bad.
With regards to GB's trading: he's been very, very absent publically in the last months. He wasn't there at the swapping event from what I could see, not at the last supercharging event either. No blog posts, no activity on this board. Before he was always standing next to Elon at every event. Is he quitting? Maybe he did but has a certain quaratine time in his contract, before he can go work for someone else? Maybe he's sick (hope not)?
I made these same observations. He was not at the Swap demo. Maybe he is nursing a sick mother or similar. Family often takes precedence. Will he be at Teslive? He always mingles with customers at Tesla events.
We have other things to think about now, like how far above $120 it's going to go, now that it's there
We have other things to think about now, like how far above $120 it's going to go, now that it's there
Wow, first time closing above $120 ever. $120.07.
Folks, it's been an amazing ride. Don't know what to say.
i see 119.84, but close ya
Wow, first time closing above $120 ever. $120.09.
Folks, it's been an amazing ride. Don't know what to say.
Wow, first time closing above $120 ever. $120.09.
Folks, it's been an amazing ride. Don't know what to say.