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To: ProfessorGoldiloxx

” 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.”

I’m not sure you that understand how options as part of his pay work. He had to exercise them or lose them. When he exercised his options he had to pay tax on them. Musk isn’t liquid. He has all of his wealth tied up in Tesla and SpaceX. He had to sell stock to raise the cash that he owed.


11 posted on 12/29/2021 10:41:47 PM PST by Pelham (Q is short for quack )
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To: Pelham

I know all of that. Thanks. My point was he owns more stock now, despite the stories about his massive selloffs.


13 posted on 12/29/2021 11:37:59 PM PST by ProfessorGoldiloxx
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