Everyone me kevin here. You are not going to believe this, but the musks are dumping. Tesla shares. I kid you not.

First of all, elon musk, just tweeted - and this is not even there's - already been a sale worth over a hundred million dollars and i'm kind of speechless because it came the day before this tweet, okay, little sus, but anyway, let's look into this okay. I i support the mosque. I support elon, but still take a look at this folks. Okay, elon musk just went to his twitter warriors.

He knows he gets trolled on twitter. All the time and said much has been made lately of unrealized gains being a means of tax avoidance, so i propose selling 10 of my tesla stocks. So, let's unpackage that for a moment, if you invest into google at a thousand dollars - and it goes up in price to ten thousand dollars - you have gains of nine thousand dollars. You did really well, but that nine thousand dollars is wealth that you have.

That has not been taxed a lot of talk, especially from progressives, obviously on the left has been made about how it's not fair, that individuals can make the vast majority of their money, who invest from unrealized gains and never be forced to pay taxes. This is giving rise to arguments that we should have a billionaire tax, which would basically force billionaires to pay taxes on unrealized gains that difference of that nine thousand dollars. That could apply to real estate that could apply to stocks to to any sort of asset, potentially even crypto, where individuals would then be forced to sell to cover their tax payment. Because if you sell that ten thousand dollars of google stock now uh, let's say you bought one at one thousand dollars and now it's worth ten thousand dollars.

You sell that ten thousand dollars you're going to have to pay taxes on the gains. The difference at nine thousand dollars, you probably pay taxes at a long run, long run rate capital gains tax, plus, whatever your state taxes are, which could be anywhere between 15 to 25 for capital gains taxes. Unless you make virtually no money, then it could be next to zero, but for most people would be between 15 and 25 percent, plus state taxes. So in california, it could be anywhere between a total of 24 to say 35 in taxes that you'll be paying or even slightly more like 37, 38.

But anyway, all this aside, the point is progressives on the left and uh. Many many many liberal leftists on twitter have been arguing that it's unfair, that billionaires have this much wealth and they should pay their fair share and they should be forced to pay taxes on unrealized gains because they're, basically making money in a way that the tax system Cannot tax them so elon musk is going out of his way now to say: hey i'll, propose selling 10 of my tesla stake, which is somewhere around 25 to 28 billion dollars. That is 10 okay. He he owns somewhere around 23 of tesla.

It's a trillion dollar company so somewhere around 20 to 25 billion dollars, depending on what price, elon actually liquidates at uh would would be uh. You know a substantial amount of selling pressure on tesla stock, in fact, while it represents about 2.3 percent of tesla's market cap, so you'd think okay, maybe tesla stock would only go down by about 2.3 percent. That amount of selling pressure would probably lead the stock to fall substantially more look volume wise we've had a lot of volume lately, which is good, probably somewhere an average of 15 to 20 million shares of volume, which is good uh. Here, let's, let's do the usual here: alexa 20 million times 1200 twenty million times twelve hundred dollars right, twenty four billion okay, so an entire day of volume would essentially be matched with selling pressure from elon musk.

So, in other words, if you have equilibrium of a stock with 20 million shares of traded volume in a day and all of a sudden, you match that equilibrium with pure selling pressure. If elon musk tries to dump these shares. All in one day, which i don't even think is quite frankly, possible tesla stock could literally tank like 10 20. I mean this is like this would be an insane amount of selling pressure and, in addition to being an insane amount of selling pressure, you're doing it.

For like, essentially no reason, there's no law that says you have to do it you're doing it to appease people on the left who are going to go well, you should have liquidated 20. You should have liquidated 30, and on top of that you told your brother. I'm assuming i'm speculating okay, i don't want to accuse any potential insider trading or any any of that stuff. Here i'm just saying you apparently told your brother or your brother somehow suspected this because take a look at this literally friday, and this report comes out at like 5 p.m on friday, so it's too late to trade off of it on friday, which sucks, but anyway, Here you go look at this musk kimball aka his brother on november 5th, which is yesterday liquidated over 108 million dollars of tesla stock for himself and gifted 25 000 to charity.

Now that's awesome! 25. 000. To charity i mean that's like 30, something million. That's amazing.

Okay, that's that's great, but still you took out 108 million dollars for yourself the day before elon musk runs a twitter poll. Look, the musks are not stupid. What do you think the twitter people are gon na, say of course, they're gon na vote? Yes, on the darn thing, of course, they're gon na vote that elon musk should should dump those shares and pay taxes to pay his fair share, but elon already knew this see. This is why he says: do you support this? Yes or no? I will abide by the results of the poll.

Whichever way it goes fine, whatever, obviously he's now going to sell these shares over time, uh and uh, he says he's going to abide by it. He he knows that the twitter community is going to force him out. He already knew that so now the question is - and this is why you should follow me on twitter. Now the question is: what's he going to put it into my speculation? Is elon musk.

We know that elon musk thinks okay. Let me separate this. We know fact that elon musk thinks inflation is going to be a problem in the near term because he responded to kathy wood and jack dorsey debate about inflation and said i don't know about the long term, but i know short term prices are going up. So we know he's probably not going to keep his money in cash.

We also know he's been dumping. His real estate, so he's not going to buy real estate, he's probably not going to buy the stock back, he's going to buy something else he's going to diversify and he already suggested that the stock was overvalued when he said. I hope the stock isn't running because the hurts deal because the hurts deal isn't signed yet so this is just like elon musk, saying stock too high, so now he's liquidating 10, which he knew he was going to get called out on this. He basically is like.

I want to sell 10 of my tesla stock hey. How can we brand this in a way that the twitter universe will be slightly happier? I don't think he's doing this out of the goodness of the twitter universe and to appease leftist. He bailed out of california come on he's not trying to appease leftists okay, he's doing this, because his brother just sold, probably because he realized the brother realized that elon was going to sell and now elon's looking for the easiest way to get permission from the community To sell look at the geniusness of this if elon musk sold last week, 10 of his shares, people will be like what the f elon. How dare you sell? How dare you sell out on us what the f we're here diamond hand and you sell out on us he's freaking genius.

Folks, he's absolutely genius hey, i think it's too high hey. I want to sell, but if i say that and do that, i'd be a criminal and i'd be villainized on social media hi twitter. How about i sell 10 of my tesla shares to pay taxes, and you know what i'll do whatever y'all want? What do you think they're gon na want? Oh yeah sell it's playing right into his playbook great. He sells he pays his taxes now.

What can he do with it? Well, i think bitcoin's going to 110, so i'm going to double my money and get my money right back uh. So i know he hasn't said it's going to 110, i'm just saying because stock to flow models we see that right, uh. So i'll just shift my money and move it on over to bitcoin. This is, in my opinion, and i don't i mean who knows maybe it'll go into some alts as well.

In my opinion, this is extremely bullish for for crypto, not bullish at all. For tesla like this is. This is bad for tesla uh this. This could be a negative 20 day on tesla.

Next week, uh it'll get bought up, people will buy the dip we drop below a thousand again. People are gon na, go nuts they're gon na buy the dip, but uh. Thank you. Elon for ending the run now.

Uh, keep in mind last time, elon musk said stock too high. I bought the dip like crazy. The stock went from like 750 to like 680 pre-split, and i'm like this is so stupid. It's falling on elon musk, saying it's too high.

Bye, bye, bye, bye, bye. Those stocks are obviously worth like 10x now, what i paid for them - those shares but very interesting to pay attention to, and these share sales folks, these sales, the day before this tweet by elon, come on guys at least be a little more like distinct about it. This is freaking blatant whatever, whatever it's the genius elon, but i read i'm reading it like a book, maybe i'm reading the wrong book, but i think i'm reading it like a book. Let me know what you think in the comments down below thanks so much goodbye.

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