The Real Reason Musk Sold 22 Million Tesla Shares?

Here's what led to the massive dumping of shares Here's what led to the massive dumping of shares                                                                                                      [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy The Real Reason Musk Sold 22 Million Tesla Shares? By Brian Hicks | January 18, 2023 Electronics manufacturers have found themselves in a bit of hot water lately... Specifically those using batteries, which is basically every major manufacturer, including Tesla, Apple, and Samsung, just to name a few. Siddharth Kara — a Harvard professor and expert on modern-day slavery, human trafficking, and child labor — is releasing a book this year called Cobalt Red: How the Blood of the Congo Powers Our Lives. He recently spoke with Joe Rogan about the horrors of cobalt mining in the Congo. Cobalt is an essential rare earth metal found in any electronic device that has a rechargeable battery. Kara posted about it on Twitter as well: [gcs EV Powerhouse twitter image] The fallout from this will be MASSIVE. Maybe it's why Musk sold billions of dollars' worth of Tesla stock last year. Check this out… In December, he sold nearly 22 million shares, worth $3.6 billion. That's a gigantic sell! In all my time covering the markets, I'm not sure if I've ever seen such a massive dumping of shares. Over the past year, Musk has sold nearly $40 billion worth of Tesla stock. It's unprecedented, and it's drawing a lot of attention. Now, while it's true that half of Tesla's new batteries are cobalt-free, it feels like it's too little too late. It's probably why former Tesla employees are fed up with Elon Musk and starting their own company. In fact, [this new EV company is trading for less than $]([5](, giving investors a shot at huge potential gains. This brilliant team of engineers created an EV that set a new WORLD RECORD. It clocked the longest distance ever driven by an EV on a single charge... At a whopping 1,102 miles! That means you could drive from Boston to Jacksonville, Florida, without having to stop at all. This could be bigger than Tesla. To get the new year started off right, we've put together a presentation on the whole story. [Check it out here]([.]( To your wealth, [Brian Hicks Signature] Brian Hicks President and Founder, Angel Publishing Investment Research P.S. President Biden has toured this EV company’s production facilities, and he was blown away. "It’s amazing what’s going on here," he said. He’s investing $370 billion into clean energy and electric vehicles as part of his Inflation Reduction Act. And I believe this company could capture the lion’s share of this cash. I guarantee that 99% of investors don’t even know this firm exists, even though it's based right here in America’s heartland. However, the folks who do know about this little EV gem could make a killing. [See the inside scoop for yourself.]( [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).