Pure Energy Minerals Ltd V.PE

Elon needs lithium....

[cyber37]

So,….Elon is selling 10% of Tesla; that is easily few  billion $$$ and more than enough to buy PE. His cars need source of lithium & PE leases are full of it and not that far away; plus technology that PE is developping to extract.
Lithium is in high demand and next to computer chips lithium is in short supply. I'm just saying that this could be a good fit. (one can always hope)
G37   

[phigment]

You're making no sense. He's selling enough stock to pay his taxes. 

[cyber37]

By his own admission, he has no salary & therefore pays no taxes. So, if he sells Tesla stock he has a huge capital gain ……unless he creates capital expenditure LIKE acquiring company for business. His EVs  need incredible amount of lithium. PE leases are close to giga factory plus they have new extraction technology too. Educate yourself do some research. G37 

[phigment]

His options grant from way back ($6) expire soon. He has to excersize them or let them expire and be worthless. That created a taxable event. Those are the taxes he has to pay right now. 

[cyber37]

Perhaps I need to do more research, thanks. However, Musk does not interests me that much. G37

[cyber37]

And a true reazon:  "Last week, Tesla confirmed that co-founder and CEO Elon Musk had sold over $5 BILLION worth of Tesla stock. Nutjob-in-chief Musk tried to play it off as him getting some cash together to pay the tax man. But are we really supposed to believe he’s going to pay $5 billion in taxes this year? In the famous words of Joe Biden, “C’mon, man!”  We’re not as

[Marshall]

Elon is out shopping for something to complete his vertical integration strategy.  His competition is getting more serious by the day.