• sugar_in_your_tea@sh.itjust.works
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          6 months ago

          Elon can’t easily buy or short his own stock, there are regulations that require advance notice of any trades. So Elon’s priority is to move the stock higher, since he can’t time the stock.

          • sunzu2@thebrainbin.org
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            6 months ago
            1. Elon is not the only market participant
            2. None of these people follow laws
            3. Elon done bad shit sec did nothing he literally said he doesnt respect the sec on twatter

            Lemmy normie: Elon wouldn’t do something that violates SEC regulations 🤡