Musk selling TSLA, look out below…
(www.zerohedge.com)
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Dumping federal funded money!?
What a risk!! 🫣
Haha, but in his case it was white hat funded money to take control of twitter and he might be being forced to tie up the loose ends.
This narrative is kind of funny though because it constantly pretends that the entire value is funded through the federal cash but this is simply not the case.
I read "federally funded" to mean funded via federal reserve + wall street shenanigans they use to prop up certain stocks. The actual federal subsidies are probably negligible compared to the total market cap
That'd be great, but people like to say statements like, "FUNDED WITH YOUR TAX DOLLARS!"
Which yes.. is sort of true, but only up to a minute point that they then have paid back through taxes over time, and nowhere near the full value of the company.
Also, as an aside, some people seem to be taking this to mean that Elon is actually selling Tesla itself but he sold such small numbers relative to the total available stocks.
What's interesting is that he last did this to free up assets for the Twitter purchase I think, so the reasoning could be very interesting indeed.
This is a critical point. You can take very minute (compared to the whole holding) of any founder or big controlling stock holder to come up with any kind of interpretation.
Its literally like saying "Today the temperature was crazy high, so its global warming", or "Today it was freezing, so it must be global cooling".
As for the tax dollars, I think at this point, the amount of money printed by the central banks in the last two years so dwarf the actual taxes collected during that time, that the majority of the theft is via monetary inflation, rather than tax extraction.
Yup.