Part 7/10:
Despite the sales, it appears Musk views Tesla’s current stock valuation as favorable enough to buy back shares or exercise options rather than sell more. If Musk believes Tesla is near a bottom and expects the company to reach production goals—like 20 million vehicles annually—the strategic selling might slow or stop altogether, signaling confidence in Tesla’s future.
Promises and Reality: The Last Out?
Leo’s critique that Musk promised in 2013 to be the last to take money out of Tesla sparks further debate. Musk had declared that his investments in Tesla would be the first in, and last out. Currently, with Musk selling shares and exercising options, critics question whether he's following through on that promise.