BREAKING: Elon Musk has filed a total of six Form 4s with the SEC tonight showing that he sold 7,924,107 $TSLA shares worth about $6.9 Billion.
Weighted average price was $869.09.
The sales took place on August 5th, 8th and 9th.
BREAKING: Elon Musk has filed two Form 4s with the SEC tonight showing that he sold over 3 million $TSLA shares worth a few billion on August 5th.
Filing 1: http://archive.fast-edgar.com/20220809/ARZDT222ZM2SR2ZZ2O2M2CZ6R2KFZZ2SZ242/…
Filing 2: https://streetinsider.com/SEC+Filings/Form+4+Tesla%2C+Inc.+For%3A+Aug+05+Filed+by%3A+Musk+Elon/20441213.html…
Yes.
In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock.
Perhaps its been his strategy all along to get #StarLink to be operational 1st before step #2 ‘own a social media platform based on free speech’.
Using Starlink as a backbone he is less likely to succumb to outside pressure to censor speech. Its kinda genius.
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