Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Knightshade]

@winfield100 something to note is that he doesn't need to exercise the options in the same tranche size as they were granted. He could exercise 10 shares a day if he wanted to. (Or he could exercise all vested options at once.)

IIRC the 2018 comp shares DO have a holding requirement that the 2012 ones don't... 5 years post-exercise specifically-- though it specifically excludes shares sold solely to cover the tax or exercise obligation.

So really only relevant to the folks who think he's planning to fund the mars stuff this way, since it'd be a reason for starting to exercise somewhat earlier than 2027/2028.

 

[Words of HABIT]

Six months ago, we would have loved to be at today's share price -
so here we are.
A month ago, we would have loved the opportunity to pick up more shares at today's price -
so here we are.
(this is not a limerick)

 

[Boomer19]

OK big guys, tell me why...
Why did the stock go up today when every other (as far as I remember) day elon sold it went down? I am hoping you all are in agreement about something. Cuz an ant doesn't know what happened.

if you’ve come in search of logic, truth, and honesty, you best keep searching
…some dudes 1000 yr old proverb

 

[Boomer19]

Six months ago, we would have loved to be at today's share price -
so here we are.
A month ago, we would have loved the opportunity to pick up more shares at today's price -
so here we are.
(this is not a limerick)

nor a gimmick

 

[Artful Dodger]

Well Zach sold some...

SEC FIlings | Tesla Investor Relations

View the latest SEC Filings data for Tesla, Inc.

ir.tesla.com

SEC FORM 4 - Kirkhorn Zachary | filed Dec 21, 2021

Disposed Of (D) 1,250 Shares Price $915 on Fri, Dec 17, 2021

 

[MP3Mike]

As soon as Elon stopped selling, the SP rebounded.

View attachment 746906
View attachment 746905

You don't know when he stopped selling. (We don't have the second page yet, and the trades are sorted by price, so the highest sells will be listed at the bottom of page 2.)

 

[OrthoSurg]

I’m ready for the Christmas rally.
Time to turn bullish everyone, Santa Claus is coming to town.

 

[MP3Mike]

There is no second page. He only sold half the number of shares today….

Wrong:

Remarks:

This Form 4 is the first of two Form 4s being filed by the Reporting Person relating to the same event. The Form 4 has been split into two filings to cover all 50 individual transactions that occurred on the same Transaction Date, because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions. Each Form 4 will be filed by the Reporting Person.

There are 20 more "transactions" that have yet to be reported. (Though we don't know how many shares are in the remaining transactions, but I would guess that it is the same number as every prior 10b5-1 "event".)

 

[MTL_HABS1909]

Wrong:

View attachment 746911

Thanks for the correction. Although I still think you’re wrong about Elon’s selling not dictating the bottom.

Edit: After a bit more thought, I may have jumped the gun. You are probably right.

 

[OrthoSurg]

Thanks for the correction. Although I still think you’re wrong about Elon’s selling not dictating the bottom.

Elon selling is probably triggering algobots to sell shares too and front run the dips. Might be multiple factors to dictates the bottom. La poule ou l’œuf?

 

[Artful Dodger]

As soon as Elon NASDAQ-100 stopped selling, the SP rebounded.

FTFY.

TSLA moved at 4x macros until 10:30 (but we won't know Elon's highest sale price until we see page 2 of the SEC Form 4)

 

[SOULPEDL]

There has been at least one other day that was up when Elon sold. (I think more than one other, I just don't recall the specifics.)

The point being that Elon selling isn't what has dragged the price down so much. That has been other forces at work taking advantage of Elon selling. They probably thought he was done, so they didn't push down today...

More than that, people think he’s very close to done so they’re buying in anticipation of a pop - once it is a fact because by then it’s too late.

All speculation as it was pointed out earlier that his sales have little actual effect based purely on % of total shares, but that won’t stop the crowd mentality which can move the price.

So it could translate to a pop then some selling once this sinks in. The killer move would be to follow “done” with “and one more thing” to get a few dominoes going. Could be any number of items such as factory openings or a model 2 peak.

However, possibly not the whole wad of good news is released before an official board meeting where they set the employee stock option price. Assuming the next meeting is the Earnings Call in late Jan, so the Tesla new hires are also incentivized $$$. But not too much at once for employee retention reasons.

So I think the peas cum before and after EC. Some for Santa “Done”, more New Years with P&D, then the EC. 1-2-3 punch!

Not advice.

 

[WADan]

Sorry this guy just bugs me. He literally worked at Tesla for just one month!

https://twitter.com/x/status/1473499164554133510

With one month of employment, he probably was still trying to figure out the way to the bathroom, let alone the Tesla way!

 

[winfield100]

@winfield100 something to note is that he doesn't need to exercise the options in the same tranche size as they were granted. He could exercise 10 shares a day if he wanted to. (Or he could exercise all vested options at once.)

@MP3Mike
it's a hypothetical possibility of 1 way of acquiring the 101 _million_ shares, and possible sales to pay for and monies that will need taxes paid for, ie
if TSLA is locked at $1,000/share until 2028, he hits all milestones he can get those shares @$70/share, and he will need a bucket of money if he is to win the bet with ESA, who gets to Mars (and back?) first.
a "what if"

 

[WADan]

More than that, people think he’s very close to done so they’re buying in anticipation of a pop - once it is a fact because by then it’s too late.

All speculation as it was pointed out earlier that his sales have little actual effect based purely on % of total shares, but that won’t stop the crowd mentality which can move the price.

So it could translate to a pop then some selling once this sinks in. The killer move would be to follow “done” with “and one more thing” to get a few dominoes going. Could be any number of items such as factory openings or a model 2 peak.

However, possibly not the whole wad of good news is released before an official board meeting where they set the employee stock option price. Assuming the next meeting is the Earnings Call in late Jan, so the Tesla new hires are also incentivized $$$. But not too much at once for employee retention reasons.

So I think the peas cum before and after EC. Some for Santa “Done”, more New Years with P&D, then the EC. 1-2-3 punch!

Not advice.

Elon Musk: I'm almost done with Tesla stock sales

Tesla Inc Chief Executive Elon Musk, who has sold more than $15 billion worth of shares in the company since early November, said on Wednesday that he was "almost done" with his stock sales.

www.reuters.com

Can we breathe easier now?

 

[SmokyPeat]

Elon Musk: I'm almost done with Tesla stock sales

Tesla Inc Chief Executive Elon Musk, who has sold more than $15 billion worth of shares in the company since early November, said on Wednesday that he was "almost done" with his stock sales.

www.reuters.com

Can we breathe easier now?

Yes! Sure sounds like he's done selling. Hip, hip, hooray!

 

[Ogre]

Elon Musk: I'm almost done with Tesla stock sales

Tesla Inc Chief Executive Elon Musk, who has sold more than $15 billion worth of shares in the company since early November, said on Wednesday that he was "almost done" with his stock sales.

www.reuters.com

Can we breathe easier now?

Hmm, a little rally to celebrate wouldn’t hurt my feelings.

 

[loquitur]

ButOT:

I just saw the most Silicon Valley thing I’ve ever seen. By Stanford mall, some guy on the corner, clean, holding up a hand written sign. I thought it would say have kids need help, instead it said

“I need investors for my start up."

Yeah, these things happen. But the true activist cranks (of course it's a bit dated) put up signs like this:

 

[UnknownSoldier]

Guys, I'm really feeling like some 1/28 $1200C are in my very near future...

 

[Thekiwi]

Two GOP Senators now publicly stating they will work with democrats to pass legislation to extend the enhanced Child Tax Credit, which was the real headline feature politically from the BBB bill.

Given this development I would say the BBB, along with its EV tax credit extension, is now well and truly kaput.