Bezos is selling off tens of billions of Amazon stock a year. Amazon stock doesn’t seem to be reacting to it.

I don’t think the market reacted so much to Musk vs the fact that Tesla selling prices have plummeted because it turns out they’ve saturated their market (but until then people believed in the hockey stick growth). It was obviously ridiculous because secondary market sales higher than direct sales cannot be sustained for very long (it indicates you can’t meet supply, but there’s obviously not an infinite amount of supply at the higher price point). That + the collapse of most stocks would account for most of the drop I think. There’s possibly some amount of knock on effect of Musk’s advertised Twitter problems creating a PR problem for him in terms of can he focus on Tesla, Twitter and SpaceX properly. There’s only so many drugs you can take to help you with that.

Bezos isn’t the CEO of Amazon…

Bezos started selling stock while still CEO and remains the largest or one of the largest shareholders. He’s also still the executive chair of the board. If you think that a founder like Bezos selling his shares would have less of an impact than Jassey, I think you’re misunderstanding how this signaling works. In fact, most CEOs will sell shares in specific IRS-approved plans and it means nothing to the overall price.

It can be a combination of things. Beyond Meat shares got hammered. The reasons are diverse: They lost a deal with McDonalds. And they apparently reached market saturation at a much lower level than expected.

Tesla surged pointlessly during the pandemic, as with many stocks. Stock valuations are dropping across the board.

Amazon rallied too, and even though it has 2X revenue and built a large moat since covid lockdowns, their current stock price resembles what it is was in Jan 2020.

Stocks aren't down 69%

> Tesla stock is down 69% (yes, really)

CEO to employee compensation ratio: 420:1