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To: SmokingJoe

Musk‘s wealth number is impressive, but most of it is in Tesla stock. If Musk decides to cash out, that number will surely go down. It’s a supply and demand kinda thing.

It’s sort of like my extensive Pet Rock collection. Worth maybe $8 total now. Worth a lot less if I put it all on the market at once.


11 posted on 10/26/2021 1:56:18 PM PDT by Leaning Right (The steal is real.)
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To: Leaning Right

not if he negotiated a buy out of all his shares to someone.


31 posted on 10/26/2021 2:52:08 PM PDT by TexasFreeper2009
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To: Leaning Right
Musk‘s wealth number is impressive, but most of it is in Tesla stock. If Musk decides to cash out, that number will surely go down. It's a supply and demand kinda thing.

There are ways of going about it.
Gates, Bezos, Paul Allen have been doing it for years without much of a problem. Musk has been known to use his stock to guarantee and get personal bank loans.

61 posted on 10/29/2021 12:45:00 PM PDT by SmokingJoe ( )
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