StealthP3D
Well-Known Member
What? That the tunnels were being built as covert storage for all the cars Tesla didn't have time to fix/service? Or maybe the tunnels would quickly fill up with broken down, poorly maintained Tesla products?
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
What? That the tunnels were being built as covert storage for all the cars Tesla didn't have time to fix/service? Or maybe the tunnels would quickly fill up with broken down, poorly maintained Tesla products?
I like to think that when I bought 11 shares on Monday they were Elon’s shares! 
I'm not as up on the 2012 comp award. Does this Form 4 align with the execution and tax sale for one lot of options? So Tuesday would be a different tranche? Or would it be more of this 2.1 million shares?
From the Rob tweet, Tuesday seems like a different group.
(Not that it matters)
RobDickinson
Active Member
I'm thinking this was the pre-planned tax sale and then Tuesday was the 10% Twitter poll sale?
I stand corrected .... I was wrong. And I've never been happier to admit that! Elon sold yesterday ...
While not the smartest way to unload that much stock, I don't think the reaction was all that bad and I fully expect a monster run now till the end of the year ... $1500, here we come!
Cheers to the longs.
While not the smartest way to unload that much stock, I don't think the reaction was all that bad and I fully expect a monster run now till the end of the year ... $1500, here we come!
Cheers to the longs.
Well ~10% of his shares would be more like ~20 million shares, and he sold less than a million on Monday. Hopefully he sold the remaining ~19 million on Tuesday. (We will probably find out about this time tomorrow.)
1. THE TRANSACTIONS REPORTED ON THIS FORM 4 WERE AUTOMATICALLY EFFECTED PURSUANT TO A RULE 10B5-1 TRADING PLAN PREVIOUSLY ADOPTED ON SEPTEMBER 14, 2021
Twitter poll.
Yeah, as only if Elon didn't know the polling audience ahead of time.
Yes Votes - Pronoun NPCS with pink hair. Democratic Socialists, UAW, TSLAQ bots, Michael Burry, and other degenerates with no stake or desire for the mission.
No Votes - Shareholders
Same here, I guess the form was posted around 3:30PST ? I just looked at the IR site and you guys are way ahead of me.. flirting with 1100. Interesting, since it was posted during a tradable timeframe. Maybe the hemorrhaging is over. Yes, it did look like the sales were in reverse order based on price. I better get used to reading these forms.
He probably did sell yesterday too, but the Form 4 pair currently up is for Monday (two days ago).
StealthP3D
Well-Known Member
I have a different take. I think they will string out production ramps so they don't run into the demand wall early. Because running out of demand would force them to drop the price too far below the cost to produce and sell at too large of a loss which, at high volume, really hurts their ability to raise money. They will remain a niche manufacturer at a high price for a long time. They will still burn through money but not as quickly as you expect. This will give them more time to have more capital raises. I feel more strongly that Lucid will do it this way, Rivian is a little more difficult to figure out because Scaringe keeps things pretty close to his chest. He might at some point, as you suggest, jump headfirst into high volume manufacturing if he thinks demand is there at a price point he thinks they can meet. This is a scary calculation to have to make.
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Tomorrow should be interesting if the shorts from Monday and Tuesday start scrambling for the exits.
A $24,000,000,000 troll. Call Guinness
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Elon now controls the entire tech sector. QQQ did a reversal after form 4, lots of my tech stock shot up.
RobDickinson
Active Member
Elon used the cash to buy into rivian to block the amazon vans
I tried to go back and look at EM tweets around 9/14 and the only one that stands out is the $50 million donation to St Jude for Inspiration4. The plan was adopted on 9/14 but who knows when he made the decision to sell
Paracelsus
Active Member
If I understand this correctly - we now know that Elon exercised his options from his performance plan, and he has sold ‘a portion’ of the shares necessary to pay taxes on those options. However we still do not know if Elon sold the remaining balance of shares that the Market had anticipated he would sell to pay the taxes on his options. Should Elon only sell a portion of the shares that WS expected would be available, and if he took an equity line of credit to pay the remaining tax balance then he would be leaving the MMs far fewer shares than they might have anticipated were available to short with. Thus there may be more than just the easy explanation ‘that WS is happy’ that the share price is going up after hours. Until we know the rest of the shares are sold it is just as likely IMO that the Shorts were surprised by the reduced number is sold shares on this Form and now worry that they might not have enough shares to work with…….and they are now ‘crappin in their jockeys’ as Connor McGreggor likes to say. That too would lead to some serious FOMO - by the MMs of all people. That would be a ninja- level Hiro Mizuno ball-busting move to the Shorts
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