If you hold this much capital as a board member or C-suite, you generally don’t sell en masse with the intention of getting back in. This is their exit.
Board members should be locked into holding or selling for tangible book value. People forget that Elon's cost basis (even for new shares) was something like $54 a share. Of course, if DOGE guts the SEC, who's going to say anything?
Comments
Decide.
https://youtu.be/cX8szNPgrEs?si=-aRzngahtk01MxQI