I mean 200 billion dollars. Joe my last guest actually said to me he said listen man there's an awful lot of people not long
Tesla. This is gonna be like a magic moment for them to get in. But can you explain a substantial reason for the sell off. Well
I think the first reason is we're still none the wiser as to what Elon Musk's plans are for his Tesla stake. He had that now
controversial or infamous weekend poll where his Twitter followers voted in support that he should sell down 10 percent
of his stake to pay some taxes. But since then there's been radio silence from him. So we don't
know when or how or who he's going to sell it to. And we certainly know that investors don't like uncertainty. There's a
couple of other theories that are floating around. There was news his brother Kimball before that poll was held also sold
some of his Tesla shares. And you know when insiders sell that's also not taken as a great sign by investors. If the insiders
think that the stock has peaked well maybe it's also time to get out. The other thing worth remembering is that Tesla shares have
been on an absolute tear. They're still trading above a thousand US dollars. They're up about a thousand per cent since early
last year. So you know if you are going to take some money off the table
book some profits perhaps not a bad time to do it while there is a bit of uncertainty swirling around.