I would have thought this was a rocket science company but it's not.
It just rent movies to its members.
$250 is the first target...
At the beginning of last quarter, TSLA was trading at $110.
What happened in the past three months? Is it going back where it came from this quarter?
According to the quarterly chart.
Insiders filed intention to sell more than 1M of their restricted shares which might lead to a sale in the future.
You are posting intentional fraudulent information by yourself.
Let's try to understand what happened.
The management expected the stock price to rise after TPG announcement.
So they filed intention to sell their more than 1M restricted shares after TPG investment, but we don't know their selling target. From the sec filing, they haven't sold yet.
So the TPG announcement did not trigger the stock price to rise to their selling target yet.
So we all have to absorb this information and make our own interpretation.
My interpretation is:
The management showed clear intention to sell their restricted shares after TPG investment.
They might have expected a spike of the stock price but it didn't make it to their price target which nobody knows about it except themselves.
Here is just my guess:
Their price target might be $8 but it didn't make it there recently.
If TPG pays $5.5 - $6, how much would you like to pay for their shares?
That's why I push your post up to show everybody who started this misleading information.
So your mistake was a honest mistake and my post based on your information is not honest? What was that logic?