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Tesla investor accuses Elon Musk of sabotaging the company

Elon Musk at the epicenter of the storm. | Font: AFP | Photographer: SUSAN BATES

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Leo KoGuang is a Tesla investor who has declared himself a Tesla “fan” in the past. Elon Muskbut now the tycoon’s questions.

KoGuang has a reason, thanks in large part to his stock investments. Teslawhich increased sharply from 2020, but began to fall from 2022.

According to bloombergKoGuan owns 22.6 million shares Teslawhich made him one of the company’s largest investors Elon Musk.

Obviously, he was affected by the fact that stocks that were worth more than $350 approached $110 in 2023. And for the investor, something is wrong.

Elon Musk is sabotaging Tesla shares?

Leo Coguang used Twittersocial network owned Elon Muskto accuse him of influencing the share price Tesla for good.

“The greatest betrayal of someone who cannot be named, and only if true, purposefully destroyed the stock price Tesla and his investors for tax-related benefits,” he pointed out in regards to Elon Musto.

This theory came about after Alex Lagetko, a manager at a small investment firm, explained that Musk would benefit from a drop in Tesla stock based on Tesla’s compensation plan. Tesla.

Elon Musk he had already achieved 12 goals that got him more stock, so he no longer had an incentive to keep the company growing, and a drop in stock would mean less tax while satisfying his personal buying aspirations Twitter.

Over the last 15 months Elon Musk sold $40 billion worth of shares Tesla.

Source: RPP

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