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Credit to: arminhamidian You've seen it all over your feeds; those influencers living the dream life that just screams success. They've got the cars, the mansions, and private jets that make even A-list celebrities green with envy. It's like they're playing life on cheat mode, isn't it? But do you ever wonder how they got there? How did… 
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Scoop.it!
On Saturday, Elon Musk promised to sell 10% of his Tesla stake after 58% of people voted in a Twitter poll shared by the Tesla CEO. Yesterday, Musk began to follow through, exercising about 2.15 million Tesla stock options and selling shares to cover the taxes he owed as a result. Prior to this week, he has only ever sold Tesla shares twice—in 2010 and 2016—for pre-tax proceeds of $617 million ($593 million of that went to cover taxes he owed on options). Tesla’s stock has risen over 13,000% since his last sale, and Musk is now worth an estimated $281 billion (based on Wednesday’s closing price).
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Scoop.it!
There are plenty of Bitcoin bulls evangelizing the digital currency these days, but Michael Burry, the focus of the film and book The Big Short, is not one of them.Burry, in a now-deleted tweet, warned that Bitcoin’s current levels are unsustainable—and current investors could suffer significant losses.
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November 30, 2021 11:02 PM
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