Impact of Mr Musk sell his 10% Tesla shares, Will the share price drop like mad, what is his ultimate motive of doing that? Let the share drop and collect it at lower price? Should we sell it ?

To be honest, a price drop is an advantage for long term investors with conviction in Tesla. While others are panick selling, you get to load up more for the long term gains.

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If you find yourself losing sleep over potential short term declines, you definitely do not have sufficient conviction in Tesla (which could stem from a lack of due diligence).

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Do read up more to have a better understanding of how Tesla is positioned amongst fellow peers. Do note that Tesla is not just a automobile company!

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Remember: Never let short term problems affect your long term gains.

The price will take a dip = buy more

Elon is doing that because like what he mentioned in his tweet, he dont earn a cash salary or bonus like us. But his remuneration is in terms of stock options which allows him to buy tesla stocks at a very discounted price. Hence selling 10% at current price n converting his expiring share options into shares is a too good deal to miss for him.

Well, now people have a chance to buy his shares right?