this post was submitted on 28 Mar 2024
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Reddit Insiders Selling Days After IPO; Shares Fall (www.investors.com)
submitted 4 months ago by [email protected] to c/[email protected]
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[–] [email protected] 14 points 4 months ago

They hopefully would plan on continuing as normal even if they expect the company to tank. Otherwise it would be an obvious insider trading violation I think. Of course CEO is a bit of a fanboy of Musk, who regularly committed securities-related crimes and is always under SEC investigation for the crimes he repeatedly commits, but probably still makes more money off the crimes than the penalties...