I think this thread was pretty accurate.
Elon announces he'll join the board. Stock goes up. No wait, he'll buy Twitter. Stock goes up. No, wait, he's doing neither. Closes his position and profits.
Did I miss something? You say that he withdrew his offer to buy Twitter?
I just "lost" some money on Tesla stock when he sold $8b of TSLA stock, yesterday, to buy Twitter.
Then gain, I'm not as encouraged with TSLA's stock price now that Elon has taken on yet another contentious business. I have respect for his abilities but starting a rocketship business, an entirely new internet system based on tens of thousands of satellites and re-inventing the wheel (the car!) and then buying the stupid fucking money sinkhole of chaos called Twitter.
Reminds me of Jim Balsillie of RIM Blackberry. Built an innovative company around a fantastic device with untold fiercely loyal customers. Then decided he needed external validation as a celebrity and blew his brains out over chasing a fucking hockey team. To make it even more pathetically laughable, he wanted a new team, in Hamilton!
Stick to your knitting!