Is Elon Musk Selling Tesla Stock To Keep The Lights On At Twitter?

A reader pointed me towards a series of Tweets last night that make it look like that Elon Musk is selling a significant amount of Tesla stock all of a sudden:

Four billion dollars isn’t a small amount. Thus I have to assume that it’s one of two reasons that’s driving this stock purchase:

Perhaps it’s both at the same time. The fact is that we don’t know and can only speculate as a result. And chances are, Musk isn’t going to say. But I can say that selling this much Tesla stock is going to cause Tesla’s stock price to drop. In fact, it is down 3% as I type this which was early this morning while it was still dark. That will anger Tesla stock owners if it stays there or goes lower when the markets open. So he may end up having a new problem to deal with on top of Twitter. Which will make Wednesday a difficult day for Elon.

One Response to “Is Elon Musk Selling Tesla Stock To Keep The Lights On At Twitter?”

  1. […] Elon as he needs income to keep the lights on at Twitter. Assuming that he doesn’t want to sell more Tesla stock to keep the lights on at Twitter. Though that might be a problem based on […]

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