he doesn't need to pull it all out, he can always take out a personal line-of-credit borrowing against his Tesla stock. He has access to the full $200billion without having to sell any shares.

(he seemingly has access to a lot more money, too -- Tesla's full $1T market cap -- since he's the unilateral decision maker there. He can just buy up bitcoin under Tesla's name to boost their bottom line.... and it works)

Selling 10% of the Tesla stock is definitely a way to sneak some liquidity out of there (b/c liquid cash is always nice), but it's also most likely a performative stunt to remind people he's *legally* not paying taxes on his net worth && pretending he'd be willing to pay taxes if he made his money "the old fashioned way"



Top Writer in Gov, Politics, Economics. Love nature, technology, and standup! Bachelor’s in Communication Studies & Mechanical Engineering @ Cal Poly SLO.

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