Why has Elon Musk sold billions of Tesla stock AGAIN?

Published

2 years ago

November 9, 2022

Elon Musk has sold nearly 4 billion dollars in Tesla stock

According to a series of forms filed with the Securities and Exchange Commission, the billionaire has sold another 3 point 4 billion in Tesla shares

This takes the tally of Tesla shares sold off to almost 20 billion dollars this year.

The sale is mostly to finance his $44 billion dollar acquisition of Twitter.

Musk sold over 8 billion dollars in shares back in April, and tweeted that no further Tesla sales planned after today

Then he sold another 6 point 9 billion in August, again saying he was done with selling, until today.

Twitter relies on advertising for the vast majority of its revenue, with Musk now the CEO of the platform… most cost-saving and revenue raising moves are expected to be introduced.

The integral step to entering the property market

Published

1 day ago

May 20, 2024

ticker NEWS

In the debate surrounding housing affordability, a divergence emerges between media portrayals and stark realities. While the crisis is often depicted as insurmountable, critics argue that individuals tend to blame external factors rather than taking personal responsibility.

Despite challenges, advocates urge a shift from despair to possibility, emphasizing personal agency and proactive pursuit of homeownership goals. Thus, while acknowledging the hurdles, reframing the discourse empowers individuals to navigate the housing market with resilience and determination, making the dream of owning a home a tangible reality for those willing to seize it. #Trending #Featured

Money

LA real estate agent reveals the secret to success

Published

1 day ago

May 20, 2024

ticker NEWS

What does it take to be a top performing real estate agent?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark delves into the fast paced world of LA luxury real estate with renowned agent, Glen Coutinho from Rodeo Realty Beverly Hills. #wyld money #trending

Money

Why the meme-stock frenzy is unlikely to repeat

Published

1 week ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending