$1billion is a lot just to sell some TSLA stock.

He sold at the peak, near $900.

Given that the stock is near $700 right now, it's looking like a good deal.

He sold billions last year without the excuse of buying Twitter.

Yeah, he had to pay an 11 BILLION dollar tax bill to California and the IRS, for stock options issued in 2012. It was reported as the largest federal tax bill in history.

https://www.forbes.com/sites/elizahaverstock/2021/12/15/elon...

He needs an excuse to get people buying his stock, to support the stock price as he sells.

Back then it was a Twitter poll to sell shares IIRC. Musk makes a big deal out of everything to lead his followers around

That was to pay his taxes supposedly, so he still had an excuse. People might worry if he's just diversifying for its own sake

If he didn't sell the stocks then he wouldn't have to pay any tax on unrealized gains. According to him, he sold the stocks so they he would pay taxes in response to criticism of not paying his "fair share" in taxes.

Wrong.

Musk's stock options became fully vested and matured. That forced a tax event on him last year.

If this is true, he’s absolutely a pathological liar.

Yeah. He lied. Again.

Even if you think he'll have to pay that which from this tweet it seems he's going to try to dodge, he got to sell a lot of stock without anyone thinking he has any doubts on Tesla, which would cost a lot more than 1 billion

More like attempting to pump TWTR before he sold his holdings there.

Twitter board called his bluff and now he's trying to weasel out of it.