To be honest, nothing wrong with ppl working in the company selling their shares for cash, regardless of their position in the company. They can hold 0 shares while working if it's in the company's interest. It's neither morally wrong nor lawfully wrong, so what's the problem? I believe the same issue arised with Tesla too.
Nvidia’s Jensen Huang Sells $14 Million in Stock Almost Daily—Raising Questions About His Successor
$Tesla Motors(TSLA)$ last bull was due to delivery record in China, but that's void and null due to the EPS dropped. How do you justify that bull in this situation? Furthermore the sell off for robotic delay. Maintaining at $200 will be the best Tesla can do till robotaxi have confirmed production.
Of course Tesla will go down, stock price depends a lot on views of investors. However, as a company, they have far better futurethan the rest of the automakers. Their innovations and ability to not only dream of tech, but fulfill them. Non of the other automakers can hold a candle to them, in fact, which automaker company actually comes up with their own stuff for the pass decade? Most of them just copy what they can from Tesla and add a bit of what they already have. The reason Tesla stock price will go down is because of the interest rate, when it comes down, and itwill, Tesla stock will go up again. This is the year for EVs and charging network company.
It's kind of bad news for consumers who uses iPhone actually. I personally prefers iPhone because of the security of the software, I can rest assure that whatever I downloaded into my iPhone will not have any security issues. With this implemented, I will have to think twice again and again before downloading anything into my iPhone in future.
Apple: Mr. Cook Begins To Tear Down The Walled Garden
Decades ago, USA used to promote freedom. Telling China to let go of their talent to migrate to their country, it's the talents' free-will. Now it's their turn, they enforced a law that restricts talent from working in any China basedcompany. USA talks about freedom and free will is proven to be a big pile of BS.
China Plans Over $143 Billion Push to Boost Domestic Chips, Compete With U.S.
$AMC Entertainment(AMC)$ My 2-cent on naked shorts. Shouldn't there be a limit to how much FTD an agency can have during a period of time, example, 10k shares per year? Or there's no limit to it? Is there any penalty when an agency FTD when they hit a threshold That FTD? The regulations on naked short are lacking and no one bothers to do anything even when it have become a problem. Should this carry on, I will definately loss confidence trading stock that are on NYSE.
It's not surprising the delivery fell short with the interest hike shooting up. Fact is, every car maker have the same problem, it's not Tesla alone. People will prefers the interest rate to drop before taking a loan to buy a new car. Seems there are still have quite a lot of short position on Tesla 🤔.
Why is there still people who believ this kind of article. The value of Tesla dropped due to many reasons, and his Elon's play of Twitter is the least influrence. I also don't understand why so many people are against him, just because he got rich? He is the very few who actually doing something about getting humanity to leave earth. While other xxx used their money to merely generate more income, even if it means great harm to some country(I.e. Thailand, some decades ago.) Wake up, people.
10 Tesla Investors Lose $132.5 Billion From Musk's Twitter Fiasco
First off, Tesla isn't all EV, they are in energy biz actually. EV happens to be most profitable for now. Second, Air pollution limit gives EV an unfair advantage, Tesla doesn't depends on it. Third, we aren't ready for 100% EV for decades to come, pushing so hard for EV is a bad idea. Musk is trying to design more affordable ones, and still doing so. I suppose it will hurt the stock price for a while, but Tesla will get over it and come out top again.
Trump Vows Action to End Electric Vehicle "Mandate" on Day One
"A very important detail for investors to know is that May 27 was the crucial date on which shareholders needed to own the stock to participate in the stock split."You mean those buy the stock after 28th Maydoesn't get the split?Weird.
Amazon: Forget the Upcoming Stock Split and Focus on These Key Factors
By making more and more jobs automatic, there will be less job for humans. Does Bill Gates have any idea to create more jobs that will be able to hire people replaced by this AI?
Microsoft Co-Founder Bill Gates: ChatGPT “Will Change Our World”
The higher crypto worth rise, the more negative impact it implies on the economic, as it is a negative sum game.I have always wondered why so many people believed in it. As I personally thinks that it's just a beautiful bubble.