Part 6/10:
There’s considerable focus on Elon Musk’s sale of Tesla stock and SpaceX shares. Despite the hefty selling—amounting to billions—Musk is reportedly still short on funds for his visions, particularly if rumors about Elon Musk’s attempt to take Tesla private at $420 per share reemerge. Musk’s successful exercises of stock options, especially his ability to buy nearly 304 million Tesla shares at $23.44 per share, further complicate the picture.
This raises the question: Is Musk selling off shares to fund ventures like Twitter, or is he leveraging his stock options? The consensus leans toward the latter, especially given Musk’s insistence on not using leverage—a stance that adds to the intrigue of where the capital is flowing.