Dude is weird af but he knows how to make money. Those options were for a price so low per share we could all afford it. In fact as he was selling stock recently (at market price) he was also exercising options to buy that INCREASED his holding to above what it was when he started selling.
Why not? Musk is much smarter than Ponzi and knows when to cash out. If he were really smart he would resign as CEO and Chairman, leave the Tesla board and quietly disappear.
“and sold more than 934,000 shares to cover associated taxes”
He says he’ll be paying $11 billion in taxes this year - more than anyone has ever paid.
And I’m sure the politicians will squander every penny of it.
OT
The FAA just postponed the release of the launch environmental report by 2 months for the Starship program.
The Feds are out to stop SpaceX at all costs. Musk cannot be allowed to succeed and overshadow government efforts - bad optics.
Had this Brandon crew been in power a decade ago, had DJT never been elected, we’d still be dependent on the Russians to send people into space and on them for RD-180/181 rocket engines to launch payloads.
The Brandon crew want us to return to those glory days of US 2d rate space programs.