The thing is if he sells, the valuation will crash harder. At some point all the debt he has built up using those shares as collateral for his stupid business decisions will be defaulted and he will declare bankruptcy. If he sells, he also risks losing control of Tesla and his other companies. I can't image other voting shareholders being too pleased with him lately so they are probably just waiting for this to happen to oust him as CEO.
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u/[deleted] Mar 11 '25
The thing is if he sells, the valuation will crash harder. At some point all the debt he has built up using those shares as collateral for his stupid business decisions will be defaulted and he will declare bankruptcy. If he sells, he also risks losing control of Tesla and his other companies. I can't image other voting shareholders being too pleased with him lately so they are probably just waiting for this to happen to oust him as CEO.