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Greg Greg
The Electric Viking
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Comments by "Greg Greg" (@SlowhandGreg) on "Elon sells billions of TSLA shares, but increases his holdings!?!" video.
Stock options have a number of issues The biggest being avoiding higher rate federal income tax band in the US by using the capital gains route The next is it has encouraged stock buy back schemes which isn't the case for Tesla but is increasingly problematic in rewarding poor performing CEO's with big share option packages. I'd also add that Elon paid little to no tax last year along with a whole string of billionaires who were using various complex schemes to milk the system Lastly Elon moved to Texas because he doesn't like being told what to do, his factory in Calafornia was closed a couple of times because of out of control covid outbreaks and has some weird libertarian view on stuff.
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