5min chapter

Opening Arguments cover image

OA663: Elon Dumps 42 Million More Shares of Tesla

Opening Arguments

CHAPTER

Elon Musk Continues to Dump Tesla Stock

The first tranche of dumping the stock was November 4th, 2022. Elon Musk came in with 465 million shares and sold approximately 9.7 million of those at an average of about what looks like 210 per cent. Three days later, November 7th, Musk gets rid of another 5.3 million shares. The next day, November 8th, the sell-off continues. It's possible that he sort of put in the sell order and couldn't find anybody to satisfy. But if it's a lot of different of them, you wouldn't think that. Unless they're having a boat party.

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