Muskman has been using
TWTR
to promote his interests for a while now.
It is safe to say, that no other form of advertisement comes close to Twitter, for powerful people like Musk.
He among others, has been using this invaluable tool to subtly steer shareholders into the 'right' path.
We all remember the famous dog that got a coin, or the other dog, or any other stock/coin Musk has taken an interest in and how each instance affected
TSLA
stock-price.
Even before the SEC started to boast about its authority to subpoena CEOs, in the days of the Trump ban, Musk surely started to realise how bad it would be if he lost his voice on the platform for whatever reason. In March he really started expressing his interest in the company and pointed out how important it is for the algorithm, among other things, to be transparent.
I think that the price drop in Tesla on the day Muskman disclosed his position, is the shareholders dipping some into Twitter.
Of course the ultimate goal of the 'Musk Shuffle' is to bring Tesla stock-price to its 'true' worth. So I expect a large amount of gains from the Twitter trade, to be funnelled back into Tesla.
If people got in after Musk disclosed his position, the best deal people could get was ~45$.
If 54.20$ is the buyout price, the bag is going to be nice and heavy.
Just what the electric giant needs right now.
TWTR
to promote his interests for a while now. It is safe to say, that no other form of advertisement comes close to Twitter, for powerful people like Musk.
He among others, has been using this invaluable tool to subtly steer shareholders into the 'right' path.
We all remember the famous dog that got a coin, or the other dog, or any other stock/coin Musk has taken an interest in and how each instance affected
TSLA
stock-price. Even before the SEC started to boast about its authority to subpoena CEOs, in the days of the Trump ban, Musk surely started to realise how bad it would be if he lost his voice on the platform for whatever reason. In March he really started expressing his interest in the company and pointed out how important it is for the algorithm, among other things, to be transparent.
I think that the price drop in Tesla on the day Muskman disclosed his position, is the shareholders dipping some into Twitter.
Of course the ultimate goal of the 'Musk Shuffle' is to bring Tesla stock-price to its 'true' worth. So I expect a large amount of gains from the Twitter trade, to be funnelled back into Tesla.
If people got in after Musk disclosed his position, the best deal people could get was ~45$.
If 54.20$ is the buyout price, the bag is going to be nice and heavy.
Just what the electric giant needs right now.