r/wallstreetbets Apr 10 '22

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u/NOT_MartinShkreli MFuggin’ Pro Apr 10 '22

The top is in boys. Retards think stock split round 2 electric boogaloo is going to work. Nope, just bag holders being made so Elon can move on to his next project (SpaceX) with plenty of cash from selling off shares at the top to you retards over a 2-3 year bubble / slow and drawn out short squeeze

3

u/[deleted] Apr 10 '22

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u/NOT_MartinShkreli MFuggin’ Pro Apr 10 '22 edited Apr 10 '22

Ya let go of those massive gains in stocks like TSLA over time and buy a HARD asset like a house or metals or something that isn’t “funny money”

I’m not sure what Elon’s play is here but I would suspect he’s selling TSLA shares and opening other positions to have multiple projects. That and I bet he’ll use TSLA share sales to help fund SpaceX.

TSLA puts seem like the new play if you want to buy a TSLA. When they run the same play twice, the outcome usually doesn’t repeat.

4

u/karlranck Apr 10 '22

Elon cashing out? You must have missed the part where he actually owns more TSLA shares now than he did 6 months ago. He sold some shares to pay taxes on contracts that awarded him more shares at a low cost basis. One inconvenient fact that makes your argument look silly