Sunday, October 9, 2022
Watching the battle between Musk and Twitter exposes the problems with selling stock. Musk is looking for backers so he can avoid selling Tesla stock. If he were to sell a large block it would cause investors to move their money which would lower the price. This is what people who propose a wealth tax do not understand. If Tesla stock goes down it affects many people besides Musk and the same thing is true when any major investor sells stock.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment