Tesla Inc (TSLA)

[jakedogman1]

New to stock... maybe it's buyers remorse but a little nervous...

Why have so many insiders been selling over last 12 months...

https://old.nasdaq.com/symbol/tsla/insider-trades

There appears to be a lot of shares employees own (145 mil shares) with about $56 per share option price.... they seem to be selling ... if the stock is so good why are they selling?

From the Prospectus Supplement

The number of shares of common stock that will be outstanding after this offering (as adjusted to give effect to the Stock Dividend) is based on 931,596,365 shares outstanding as of June 30, 2020 and excludes:

https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=14371291&RcvdDate=9/1/2020&CoName=TESLA%2C%20INC.&FormType=424B5&View=html

•
145,634,950 shares of common stock issuable upon the exercise of options outstanding at June 30, 2020 at a weighted average exercise price of $56.45 per share;

Same with institutions.... net selling and buying of 87 mil shares sold as of sept...

Low level of intuitional holding this thing relative to market cap

High level of retail shareholders that bought on margin..

Granted the S&P inclusion will take up some shares but it seems there are lots of sellers that could come out of the woodwork... but once in the S&P, won't they be under closer scrutiny with value comparisons and metrics?

If this thing starts going south, will there be a rush to the exits as many retail will be forced to sell due to margin buying? Seems like previous drops are severe and very fast..