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.
I agree - he’s a weird dude, but I like him. Seems fairly conservative and he’s been right about covid from the beginning. I’d like to see him get in the political arena or fund conservative media, etc. like that demon Bezos did with his newspaper purchase. We need big money titans to counter Bezos, Cuckerberg, etc.
” 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.