The Breakdown cover image

What Elon Musk's $21B Tesla Sale Gambit Says About Markets

The Breakdown

00:00

Elon Musk's Tessla Options Expire This Year, Which He Must Exercise or Lose Billions Dollars

Elon musk has tessla options expiring this year, which he must exercise or lose billions dollars. When he does, he'll incur a tax bill. The twitter pole was basically a strategy credit, since he was going to pay the taxes anyway. There seems almost no chance that the unrealized gains proposals move through congress now in the context of the political environment we were just discussing. So what happened to the synthetic versions of tesla stocks on crypto markets? The short answer is they went down. Fungebull three tweeded a chart and said, hay, stock market. 24 seven regulated stock synthetics built on cryptoproo s are, and have been for

Play episode from 12:00
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app