LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1@nu.federati.net)'s status on Wednesday, 10-Aug-2022 22:13:52 UTC
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LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1@nu.federati.net)'s status on Wednesday, 10-Aug-2022 22:13:52 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} #Musk offloads $7 billion in #Tesla stock, supporting belief that #Twitter will succeed in forcing him to complete purchase deal. https://www.marketwatch.com/story/elon-musk-offloads-nearly-7-billion-in-tesla-stock-11660098780 [www marketwatch com]
> “This is really Musk reading the room that with a weak case going into Delaware, the chances that he's going to have to acquire Twitter are increasingly getting higher,” Dan Ives, a managing director at Wedbush Securities, attested to The Daily Beast.
https://nu.federati.net/url/287320?ref=home [www thedailybeast com]
${NASDAQ(TSLA)}
This is another sign that Elon Musk is not suited to run any publicly traded companies. Investors could try to sue over his implied promise not to sell more stock if the price tumbled as a result of this sale.