Comment by Lazare
4 years ago
Musk has said he thinks that Tesla's stock is overvalued, and the company has sold stock to raise funds.
Musk may hate them, but there's is little-to-no daylight between him and the short sellers at this point; both think Tesla's stock is currently overvalues and are selling it to cash in on the current high valuations. :)
Musk said "Tesla stock price is too high imo". This was a clue that the 1:5 stock split was coming.
Where did he ever say Tesla was overvalued?