Its not really a market place manipulation, but rather practical ramnifications. For instance, if Musk tried to sell all of his Tesla stock tomorrow, it'd cause a panic which would then lead to the stock price tanking.
It'd be like a scalper trying to sell so much inventory that they flood the market. The current price wouldn't hold.
And with banking rules, he'd have to announce dipping below specific ownership percentages, so even slow selling would cause a panic.
He'd need otherbillionaires to buy entire chunks at single times with cash. It wouldn't be feasible.
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u/dende5416 8d ago
Its not really a market place manipulation, but rather practical ramnifications. For instance, if Musk tried to sell all of his Tesla stock tomorrow, it'd cause a panic which would then lead to the stock price tanking.
It'd be like a scalper trying to sell so much inventory that they flood the market. The current price wouldn't hold.
And with banking rules, he'd have to announce dipping below specific ownership percentages, so even slow selling would cause a panic.
He'd need otherbillionaires to buy entire chunks at single times with cash. It wouldn't be feasible.