Part 9/13:
This closes in on a central insight: their investments are heavily concentrated in Tesla stock, often exceeding typical diversification limits accepted by professional investors and pension funds. Many of these insiders hold more than ten times what is considered a sensible percentage (like 5-10%) of wealth in a single stock, which suggests a strong conviction about Tesla’s future.
Furthermore, the age profile of many insiders — with several over retirement age — implies they are holding onto these shares as part of their legacy assets, potentially trusting their inside knowledge or the company’s outlook.