After selling 82% shares of Senior Tesla VP, Elon Musk issues a clear warning: ‘They will be diagonally …’. world News
Tesla’s senior vice -president Ziotong “Tom” Zhu has sold more than 82% of its holdings in an electric vehicle giant, which questions the confidence of the internal formula. Stock sales between 2023 and 2024 came at prices from $ 174 to $ 323 per share, according to regulatory filing. The move attracted significant attention from investors, as Zhu is one of Tesla’s most visual authorities for a long time. In response to the sale, Tesla CEO Elon Musk issued a sharp warning to small vendors to take care that betting against the company could soon prove to be disastrous.
Elon Musk Warning to small vendors
Elon Musk, anytime shy about facing critics, moved to X (East Twitter) to issue a direct warning. He said that small vendors would be “slanting”, when Tesla receives autonomy on the scale, urges them to get out of their positions before too long. His comment came as a response to a list of current Tesla short posts, pointing out his continuous attention on betting against the company.Musk has constantly argued that Tesla’s future depends on its ability to dominate the self-driving technology, which he believes will unlock the unprecedented value for the company. Emphasizing the “scale on the scale”, Musk was indicating that Tesla could once deploy millions of autonomous vehicles globally, its stock price could rise beyond the expectation of scaptics. For small vendors, who earn money only when Tesla’s stock falls, such success can translate into devastating financial losses. Musk’s message demonstrated a warning and confidence in Tesla’s long -term trajectory.
What short selling Meaning
Short selling is a high -risk trading strategy in which investors benefit from the decline of stock. The process involves borrowing shares, selling them at the existing market price and buying the difference back at a low price for pocket reduction. If the stock increases instead, small sellers face unlimited losses, as they have to reinstate the shares at a higher price to return the broker. Musk’s warning faces risk to these traders, if Tesla’s evaluation autonomy climbs behind successes.
Eleon Musk’s history of conflict with short sellers
This is not the first time Musk has confronted with high-profile short sellers. He has previously criticized Microsoft’s co-founder Bill Gates, who allegedly placed an important short situation against Tesla Stock. According to Walter Isakson’s 2023 biography Musk, Gates shorts resulted in a $ 1.5 billion loss. Musk has repeatedly suggested that if Tesla reaches its entire capacity, such posts can also insolvent rich investors.Zhu’s inner formula in stock sales raises questions about confidence, but Musk’s response not only outlines his long -term vision to Tesla as a vehicle manufacturer, but is a leader in autonomous technology. If the Tesla is successful in scale to scale self-driving cars, Kasturi argues, the company can see a dramatic bounce in the valuation-lowering small vendors with slightly greater than the pesticides.
