Tommy Tainant
Diamond Member
Elon Musk sells new $3.6bn tranche of Tesla shares
Latest selloff takes total sale this year to $23bn and follows loss of world’s richest man title
www.theguardian.com
Does the fall in value represent a good buying opportunitty ?
I normally steer clear of companies where the management is selling stock.But the reasons for thee musk sell off are not related to tesla.
Having said that the musk factor is a shadow over the companies prospects.I would expect the CEO to actually run the company rather than piss about on twitter all day.
So, buy or ignore ?