Elon Musk can’t stand it, Tesla’s crash flight continues

Bernie Sanders, 80, who ran unsuccessfully for the Democratic presidency in 2016 and 2020, said on Saturday that “we must demand that the extremely rich pay their worthy contribution“.

Muskot was not mentioned by name, but Tesla’s CEO, whose $ 286 billion fortune made him a target for wealth tax supporters, in a pungent tone and quite concise answered:

I always forget you’re still alive

If all that hadn’t been enough, in a later tweet early Sunday morning, the CEOs of Tesla and SpaceX asked:

Do you want me to sell more shares, Bernie? Just tell me …

As is known, Musk a nearly $ 7 billion last week value sold Tesla shares, which caused a fall in the carmaker’s share price of about 15 percent. The listing is currently down 4.6 percent, bringing the price of a share below $ 1,000 and Tesla has also been (temporarily at least) excluded from the prestige of companies with a capitalization of one thousand billion dollars..

we are already talking about a fall of almost 20% compared to the recent peak,

however, it is worth noting that despite a serious correction so far this year it has risen 39.8 percent the share.

Stock sales began after Musk asked his Twitter followers about it whether, taking into account tax considerations, Tesla would have to dispose of its 10 per cent stake. However, he executed some of the transactions on the basis of a trading plan put together in September, which was made long before Musk “consulted” with social media followers.

The CEO didn’t even mention in his tweets that he has millions of stock options to call before their August 2022 expiration. In September it He toldthat towards the end of the year is likely to draw a significant amount of these options.

Cover image: Liesa Johannssen-Koppitz / Bloomberg via Getty Images

Source: Portfolio.hu – Befektetés by www.portfolio.hu.

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