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What do you think of the 60% of fans who support Musk to sell stocks, and Tesla's market value evaporated by 378.9 billion yuan overnight?

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What do you think of the 60% of fans who support Musk to sell stocks, and Tesla's market value evaporated by 378.9 billion yuan overnight?

Really worthy of being the CEO of his own traffic, Musk's every move on the Internet can not only be on the hot search, but also affect the capital market, he currently has 63 million followers on Twitter, and is one of the most famous business leaders on the social platform.

This huge influence is greater than that of the previous US President Donald Trump. Using the fan economy to make money, Musk is still the big brother.

What do you think of the 60% of fans who support Musk to sell stocks, and Tesla's market value evaporated by 378.9 billion yuan overnight?

Tesla founder Musk has been busy on social media lately, writing poems, responding to the WFP that asked him to donate, shouting at people who want him to pay more taxes, and more boldly, letting netizens decide whether he should sell 10% of the company's stock.

He launched a round of voting on Twitter, and the final vote showed that nearly 58 percent of people supported his sale of shares.

Musk said he would abide by the vote, but any sequel to the play is unknown, as Musk did not specify when and how he would sell them.

What do you think of the 60% of fans who support Musk to sell stocks, and Tesla's market value evaporated by 378.9 billion yuan overnight?

Musk's sale of shares is still in the voting stage, while his brother Kimball has cashed out more than $100 million this year.

Kimball bought 25,000 shares of Tesla on Nov. 5 at a price of $74.17 per share, at a total cost of about $1.8542 million, the documents show.

What do you think of the 60% of fans who support Musk to sell stocks, and Tesla's market value evaporated by 378.9 billion yuan overnight?

Musk's younger brother: Kimball. Musk.

On the same day, Kimball sold the stock in batches on the market several times, ranging from $1223.459 to $1236.623. According to preliminary calculations, Kimboltao is currently expected to make more than $100 million in profits for itself.

After the closing of the transaction, Kimball still holds more than 511,200 shares of Tesla, which is worth more than $620 million based on Tesla's closing price of $1222.09 per share on November 5.

In fact, Tesla's recent sharp decline in US stocks is also related to musk's brother's cash-out operation. Musk's younger brother is also a god man, and Musk very early on by selling software to earn the first bucket of gold, and then indulged in cooking, and brother Xingchen Sea engaged in aerospace, tram different, this brother loves to engage in agriculture, farming, hope to rely on science and technology to solve the food problem.

The person who opens the pattern is thinking about every move of chess for several steps in the future.

With Musk's current financial resources, this voting result is actually irrelevant, selling, is equivalent to cashing out, not selling, and does not affect the overall situation.

But when he launched the vote, Tesla's U.S. stock fell sharply, because everyone saw that the vote was "sold" and thought that Musk would cash out a sum, and Tesla stock would definitely fall.

As a result, Tesla's stock price fell nearly 5% on the 8th. But Musk's brother has cashed out in advance to make a profit. At this time, a set of low-buy-high-sell operations will be staged again, and it will be Musk and Tesla who make a lot of money in the end.

What do you think of the 60% of fans who support Musk to sell stocks, and Tesla's market value evaporated by 378.9 billion yuan overnight?

If it is in China, there are CEOs who rely on this kind of hype to influence the investment market, and they have long been arrested. But in the United States, that doesn't count.

He publicly said he was going to sell a chunk of stock, but he didn't do it — if such an act affected Tesla's stock price, Musk could be investigated by regulators.

But James Cox, a professor at Duke Law School and an expert on securities law, told The New York Times that Musk is unlikely to be convicted even in the face of an investigation because the law allows corporate executives to make statements and then change their minds as long as they are sincere in saying them.

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What do you think of the 60% of fans who support Musk to sell stocks, and Tesla's market value evaporated by 378.9 billion yuan overnight?