Part 8/10:
However, in the context of Tesla’s stock performance—rising many multiples since Musk made his vow—some argue that Musk must be prepared to realize profits at some point. The threshold of a tenfold increase in market cap is suggested as a reasonable target for investors to feel satisfied.
The Broader Impact on Tesla’s Remaining Shareholders
The ongoing sale of stock by Musk has implications for all shareholders. If Elon were to cash out significant portions of his holdings, it could influence Tesla’s stock price and investor confidence. Analysts debate whether Musk’s sales are a sign of confidence in Tesla’s near-term trajectory or a signal of potential liquidity concerns.