(Feb 8, 2021) “How the rich got richer: Reddit trading frenzy benefited Wall Street elite : Big hedge funds were alerted to GameStop buzz early because they actively monitor conversations on social media” https://www.pehalnews.in/how-the-rich-got-richer-reddit-trading-frenzy-benefited-wall-street-elite/529412/
“Instead of heralding a brand new wave of investor populism, the rise and fall of GameStop’s inventory could find yourself reinforcing what skilled traders have recognized for a very long time: Wall Street is superb at making a living, and most of the time, smaller traders lose out to rich merchants and big establishments.”
(WSJ 2/3/21): “This Hedge Fund Made $700 Million on GameStop https://www.wsj.com/articles/this-hedge-fund-made-700-million-on-gamestop-11612390687
“The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals—and few have made more money than Senvest Management LLC, Messrs. Mashaal’s and Gonick’s firm.”
“Elon Musk’s run as the richest man on earth has ended. Tesla’s months-long stratospheric stock rally seems to be coming to an end. After tumbling 6 percent, the largest single-day drop in six months, on Monday, the electric carmaker’s shares slid another 10 percent Tuesday morning as the sell-off worsened, erasing $30 billion from its founder Musk’s net worth on paper overnight.” https://observer.com/2021/02/tesla-stock-bitoin-tumble-elon-musk-net-worth-fall-billion/
“Tesla stock was down by as much as 11% in mid-day trading on Tuesday after CEO Elon Musk announced over the weekend that he plans to sell 10% of his shares.
Current and former board members including board chair Robyn Denholm, Elon Musk’s brother Kimbal Musk, Ira Ehrenpreis and Antonio Gracias have also offloaded hundreds of millions of dollars worth of Tesla shares since Oct. 28.” (CNBC Nov 9 202 11:43 PM EST) https://www.cnbc.com/2021/11/09/tesla-shares-drop-as-sell-off-accelerates.html
“The world’s wealthiest people have unfathomable riches. But there’s a huge difference between wealth and income, and that’s what makes Elon Musk’s weekend Twitter stunt, polling his followers about whether to sell 10% of his Tesla stock, both fascinating and jarring.” (CNN business 11:10 AM ET, Tue November 9, 2021) https://www.cnn.com/2021/11/09/business/elon-musk-wealth-tesla-stock/index.html
“To wonder why Musk tweets what he does is to contemplate chaos. His musings on the platform regularly inflate or deflate whatever pet stock or crypto he’s on about. And while he is technically under orders from the Securities and Exchange Commission to have his tweets vetted by Tesla’s top legal brass, it’s not clear that’s happening. He regularly tweets market-moving comments, and last year, according to the Wall Street Journal, regulators told Tesla that his use of Twitter had twice violated the deal, but it wasn’t clear whether they would take action against Musk or the company.”
“Elon Musk’s fortune takes a $50B hit in two days : The decline means Musk’s lead over Jeff Bezos as the world’s richest person has narrowed to $83 billion” https://www.foxbusiness.com/markets/elon-musks-fortune-takes-a-50b-hit-in-two-days
“…It’s the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezo’s $36 billion plunge following his divorce from MacKenzie Scott in 2019.
Musk’s fortune is still up 70% this year.”
In additional SEC filings late Wednesday Tesla (TSLA) confirmed Elon Musk has sold roughly $5 billion worth of stocks so far (Nov. 11th 2021 3:27 am PT) https://electrek.co/2021/11/11/tesla-tsla-confirms-elon-musk-sold-roughly-5-billion-worth-stock-keep-going/
“More sales are expected throughout the week.
Yesterday, we reported that Tesla revealed that Musk exercised about $2.3 billion worth of Tesla stock options and sold about $1.1 billion worth to cover the tax burden the comes with exercising the shares.
Over the next few hours, the automaker filed several more transactions from Musk confirming that the CEO unloaded about 4.5 million shares worth over $5 billion.
The transactions were executed in batches between November 8 and 10 as Tesla’s stock fell in price by more than 12%.
The sales came after Musk said he would sell 10% of his stake in Tesla if a Twitter poll would agree, which it unsurprisingly did.
10% of his stake at the time of the poll would be roughly 17 million shares, and therefore, we should expect more sales to continue throughout the week and even next week.
Tesla has three days to report any insider trading from executives and directors to the SEC.”
Elon Musk sold nearly $7 billion worth of Tesla stock last week : The disposals fueled a 15% drop in the electric-vehicle company’s stock price this week, which wiped around $180 billion off its market capitalization. https://markets.businessinsider.com/news/stocks/elon-musk-tesla-stock-sales-higher-taxes-electric-vehicles-billionaires-2021-11
Musk still holds 166 million shares, or about 17% of Tesla’s outstanding shares. If he follows through on his commitment to sell about 17 million shares in total, and maintains his current rate of selling, his disposals might continue for a couple more weeks.
“Sen. Burr’s brother-in-law ordered to provide testimony in SEC insider trading investigation” (CNN) https://www.cnn.com/2021/11/10/politics/burr-sec/index.html
(ProPublica Oct 28, 2021): “After Sen. Richard Burr of North Carolina dumped more than $1.6 million in stocks in February 2020 a week before the coronavirus market crash, he called his brother-in-law, according to a new Securities and Exchange Commission filing.
They talked for 50 seconds.
Burr, according to the SEC, had material nonpublic information regarding the incoming economic impact of coronavirus.
The very next minute, Burr’s brother-in-law, Gerald Fauth, called his broker.
…On the day he received the call from Burr, Fauth sold between $97,000 and $280,000 worth of shares in six companies — including several that were hit particularly hard in the market swoon and economic downturn. According to the SEC, the first broker he called after hearing from Burr was out of the office, so he immediately called another broker to execute the trades.”
SEC Chair Gary Gensler wants stronger insider trading rules as executive stock sales hit records https://www.cnbc.com/2021/12/15/sec-wants-stronger-insider-trading-rules-as-elon-musk-jeff-bezos-sell-billions-in-stock.html
CEOs and corporate leaders including Microsoft’s Satya Nadella, Amazon founder Jeff Bezos and Tesla’s Elon Musk sold a record $69 billion in stock in 2021.CEOs and corporate leaders including Microsoft’s Satya Nadella, Amazon founder Jeff Bezos and Tesla’s Elon Musk sold a record $69 billion in stock in 2021.
Elon Musk’s Fortune Tumbles $20 Billion In A Week As Tesla Stock Falls https://www.forbes.com/sites/elizahaverstock/2021/12/18/elon-musks-fortune-tumbles-20-billion-in-a-week-as-tesla-stock-falls/?sh=1809ed9a5079
Musk continued exercising options and selling stock this week. He sold nearly 1.9 million Tesla shares to cover taxes on about 4.3 million stock options he simultaneously exercised this week, continuing a streak of sales that began in early November. Musk said he would sell 10% of his Tesla stake.
Meanwhile: Tesla is being hit with a new lawsuit from institutional investors that questions whether the frontman’s Tweets are being reviewed. Several Tweets brought on the lawsuit, including one, sent on November 6th that polled Musk’s over 66 million followers whether he should sell 10% of his Tesla stock holdings. Additionally, Musk’s recent feud with Massachusetts Democrat Elizabeth Warren has also contributed to the lawsuit.
Time magazine’s “Person of the Year” is not formally listed as a defendant in the complaint. https://www.teslarati.com/tesla-elon-musk-lawsuit-stock-sale-elizabeth-warren-tweets-twitter/
Eideard 
(Feb 8, 2021) “How the rich got richer: Reddit trading frenzy benefited Wall Street elite : Big hedge funds were alerted to GameStop buzz early because they actively monitor conversations on social media” https://www.pehalnews.in/how-the-rich-got-richer-reddit-trading-frenzy-benefited-wall-street-elite/529412/
“Instead of heralding a brand new wave of investor populism, the rise and fall of GameStop’s inventory could find yourself reinforcing what skilled traders have recognized for a very long time: Wall Street is superb at making a living, and most of the time, smaller traders lose out to rich merchants and big establishments.”
(WSJ 2/3/21): “This Hedge Fund Made $700 Million on GameStop https://www.wsj.com/articles/this-hedge-fund-made-700-million-on-gamestop-11612390687
“The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals—and few have made more money than Senvest Management LLC, Messrs. Mashaal’s and Gonick’s firm.”
“How to Turn Your $1,400 Stimulus Check Into $25,000 With Zero Effort” https://www.fool.com/investing/2021/02/12/how-to-turn-your-1400-stimulus-check-into-25000-wi/
“It’s easier to make money in the stock market than you think.” https://i.stack.imgur.com/08ym5.jpg
“Elon Musk’s run as the richest man on earth has ended. Tesla’s months-long stratospheric stock rally seems to be coming to an end. After tumbling 6 percent, the largest single-day drop in six months, on Monday, the electric carmaker’s shares slid another 10 percent Tuesday morning as the sell-off worsened, erasing $30 billion from its founder Musk’s net worth on paper overnight.” https://observer.com/2021/02/tesla-stock-bitoin-tumble-elon-musk-net-worth-fall-billion/
“Tesla stock was down by as much as 11% in mid-day trading on Tuesday after CEO Elon Musk announced over the weekend that he plans to sell 10% of his shares.
Current and former board members including board chair Robyn Denholm, Elon Musk’s brother Kimbal Musk, Ira Ehrenpreis and Antonio Gracias have also offloaded hundreds of millions of dollars worth of Tesla shares since Oct. 28.” (CNBC Nov 9 202 11:43 PM EST) https://www.cnbc.com/2021/11/09/tesla-shares-drop-as-sell-off-accelerates.html
“The world’s wealthiest people have unfathomable riches. But there’s a huge difference between wealth and income, and that’s what makes Elon Musk’s weekend Twitter stunt, polling his followers about whether to sell 10% of his Tesla stock, both fascinating and jarring.” (CNN business 11:10 AM ET, Tue November 9, 2021) https://www.cnn.com/2021/11/09/business/elon-musk-wealth-tesla-stock/index.html
“To wonder why Musk tweets what he does is to contemplate chaos. His musings on the platform regularly inflate or deflate whatever pet stock or crypto he’s on about. And while he is technically under orders from the Securities and Exchange Commission to have his tweets vetted by Tesla’s top legal brass, it’s not clear that’s happening. He regularly tweets market-moving comments, and last year, according to the Wall Street Journal, regulators told Tesla that his use of Twitter had twice violated the deal, but it wasn’t clear whether they would take action against Musk or the company.”
Tesla (TSLA) stock plummets, is Elon Musk starting to sell? His brother got $100 million out (Nov. 9th 2021) https://electrek.co/2021/11/09/tesla-tsla-stock-crashes-elon-musk-starting-to-sell-brother-100-million-out/
“Elon Musk’s fortune takes a $50B hit in two days : The decline means Musk’s lead over Jeff Bezos as the world’s richest person has narrowed to $83 billion” https://www.foxbusiness.com/markets/elon-musks-fortune-takes-a-50b-hit-in-two-days
“…It’s the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezo’s $36 billion plunge following his divorce from MacKenzie Scott in 2019.
Musk’s fortune is still up 70% this year.”
In additional SEC filings late Wednesday Tesla (TSLA) confirmed Elon Musk has sold roughly $5 billion worth of stocks so far (Nov. 11th 2021 3:27 am PT) https://electrek.co/2021/11/11/tesla-tsla-confirms-elon-musk-sold-roughly-5-billion-worth-stock-keep-going/
“More sales are expected throughout the week.
Yesterday, we reported that Tesla revealed that Musk exercised about $2.3 billion worth of Tesla stock options and sold about $1.1 billion worth to cover the tax burden the comes with exercising the shares.
Over the next few hours, the automaker filed several more transactions from Musk confirming that the CEO unloaded about 4.5 million shares worth over $5 billion.
The transactions were executed in batches between November 8 and 10 as Tesla’s stock fell in price by more than 12%.
The sales came after Musk said he would sell 10% of his stake in Tesla if a Twitter poll would agree, which it unsurprisingly did.
10% of his stake at the time of the poll would be roughly 17 million shares, and therefore, we should expect more sales to continue throughout the week and even next week.
Tesla has three days to report any insider trading from executives and directors to the SEC.”
“Tesla’s Musk sells more shares worth $687 million” (November 12, 20215:21 AM MST) https://www.reuters.com/business/autos-transportation/teslas-musk-sells-more-shares-after-twitter-vote-2021-11-12/ [Tesla shares were up 0.5% at $1,069 in premarket trading]
“Elon Musk, Tesla Directors Are Cashing Out Billions as Stock Hits Record High” (11/11/21 12:06 pm) https://observer.com/2021/11/elon-musk-other-execs-sell-billion-tesla-stock-twitter-poll/
(Oct 26, 2021): “Forbes estimates Musk’s net worth to be $271.3 billion as of the market’s close on Monday—up some $41.7 billion from Friday’s close.” https://www.forbes.com/sites/elizahaverstock/2021/10/26/elon-musk-nearing-300-billion-fortune-is-the-richest-person-in-history/?sh=5ef0e0e31933
Tesla just had its worst week in 20 months after Elon Musk sold $5.7 billion worth of shares https://www.cnbc.com/2021/11/12/tesla-stock-had-its-worst-week-in-20-months-after-musk-sold-shares.html
Elon Musk sold nearly $7 billion worth of Tesla stock last week : The disposals fueled a 15% drop in the electric-vehicle company’s stock price this week, which wiped around $180 billion off its market capitalization. https://markets.businessinsider.com/news/stocks/elon-musk-tesla-stock-sales-higher-taxes-electric-vehicles-billionaires-2021-11
Musk still holds 166 million shares, or about 17% of Tesla’s outstanding shares. If he follows through on his commitment to sell about 17 million shares in total, and maintains his current rate of selling, his disposals might continue for a couple more weeks.
Meanwhile in the parallel universe: “Taxes aren’t the only reason Elon Musk is selling Tesla stock” https://www.cnbc.com/2021/11/16/taxes-arent-the-only-reason-elon-musk-is-selling-tesla-stock-.html
Tesla Inc Chief Executive Elon Musk sold another 934,091 shares of the electric vehicle maker worth $1.05 billion after exercising options to buy 2.15 million shares, U.S. securities filings showed on Tuesday. https://www.investing.com/news/stock-market-news/musk-sells-tesla-shares-worth-105-billion-buys-215-million-shares-2688822
Jim Cramer: Rally in infrastructure stocks shows the newfound power of retail investors https://www.youtube.com/watch?v=HUjKt6OFEBQ
“Sen. Burr’s brother-in-law ordered to provide testimony in SEC insider trading investigation” (CNN) https://www.cnn.com/2021/11/10/politics/burr-sec/index.html
(ProPublica Oct 28, 2021): “After Sen. Richard Burr of North Carolina dumped more than $1.6 million in stocks in February 2020 a week before the coronavirus market crash, he called his brother-in-law, according to a new Securities and Exchange Commission filing.
They talked for 50 seconds.
Burr, according to the SEC, had material nonpublic information regarding the incoming economic impact of coronavirus.
The very next minute, Burr’s brother-in-law, Gerald Fauth, called his broker.
…On the day he received the call from Burr, Fauth sold between $97,000 and $280,000 worth of shares in six companies — including several that were hit particularly hard in the market swoon and economic downturn. According to the SEC, the first broker he called after hearing from Burr was out of the office, so he immediately called another broker to execute the trades.”
SEC Chair Gary Gensler wants stronger insider trading rules as executive stock sales hit records https://www.cnbc.com/2021/12/15/sec-wants-stronger-insider-trading-rules-as-elon-musk-jeff-bezos-sell-billions-in-stock.html
CEOs and corporate leaders including Microsoft’s Satya Nadella, Amazon founder Jeff Bezos and Tesla’s Elon Musk sold a record $69 billion in stock in 2021.CEOs and corporate leaders including Microsoft’s Satya Nadella, Amazon founder Jeff Bezos and Tesla’s Elon Musk sold a record $69 billion in stock in 2021.
Elon Musk’s Fortune Tumbles $20 Billion In A Week As Tesla Stock Falls https://www.forbes.com/sites/elizahaverstock/2021/12/18/elon-musks-fortune-tumbles-20-billion-in-a-week-as-tesla-stock-falls/?sh=1809ed9a5079
Musk continued exercising options and selling stock this week. He sold nearly 1.9 million Tesla shares to cover taxes on about 4.3 million stock options he simultaneously exercised this week, continuing a streak of sales that began in early November. Musk said he would sell 10% of his Tesla stake.
Meanwhile: Tesla is being hit with a new lawsuit from institutional investors that questions whether the frontman’s Tweets are being reviewed. Several Tweets brought on the lawsuit, including one, sent on November 6th that polled Musk’s over 66 million followers whether he should sell 10% of his Tesla stock holdings. Additionally, Musk’s recent feud with Massachusetts Democrat Elizabeth Warren has also contributed to the lawsuit.
Time magazine’s “Person of the Year” is not formally listed as a defendant in the complaint. https://www.teslarati.com/tesla-elon-musk-lawsuit-stock-sale-elizabeth-warren-tweets-twitter/