The dollar value of his sale is dwarfed by his brother Elon's sale of $5.7 billion worth of Tesla stock from Monday through Thursday this week. But it represented a much larger percentage of his holdings in Tesla -- about 15% of Kimbal's stake in the company. Elon's stake has declined by only 3% so far through his sales through Thursday.
If he still owned all those shares, they now would be worth $369 million more than what he received. And he would have just more than twice as many shares as he currently holds. Some of Kimbal Musk's sales were made using a"Rule 10b5-1 trading plan," an SEC rule that allows company insiders to sell shares on a pre-arranged schedule so they can't be accused of trading on news about the company. He has also sold some shares in which the filing doesn't mention such a plan.
Why does CNN sell FUD? Haters man. It’s disgraceful. Shame on CNN
Sarà che sta per arrivare una bola come quella del 2008, ma globale più imponente, e questi vogliono trasformare loro shares (carta straccia) in patrimonio fisico immobiliare?
Taking some profits after a spectacular quarter and quick runup in stock price. Who wouldn’t sell some this week for a price they will be worth in a few years from now?
Tesla is becoming least popular these days cause other automakers are making better electric vehicles, pay attention people
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