That should be the plan, even big companies who are purchasing bitcoin, people should not view it as if they will hold longer as we did. it's a company, they are in a business and as much as possible they would not take a high-risk asset in their account, so instead of holding it for the long term, they can just sell it for easy profit then buy at dip when they see an opportunity, it's very simple for them as they can affect the market due to their influence being a whale.
People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.
These days you have to see and table proposals,,, then take it to vote,,, and then fight with those who disagree. And then you have to get legal advice on whether what you do is called manipulation.
This did not happen.
I would sincerely argue that Tesla is mostly run by Elon Musk. He does have all kinds of personnel, that is beyond doubt, but he has unlimited influence and power within the company. He also holds an usual high amount of shares at that stage and valuation of a company as he never sold any, at least he claimed that, but instead bought even more. I think for Tesla it is the case that it is mostly about Musk. Not only in public, but in reality.