Tesla stock is now down 1/3rd in a month, and lower than before the election.
This matters for 2 reasons:
1. It's hilarious
2. Musk is very (for a billionaire) cash poor. Most of his assets are tied up in shares, and so there is non-hypothetical price point where he will be forced to sell X
This matters for 2 reasons:
1. It's hilarious
2. Musk is very (for a billionaire) cash poor. Most of his assets are tied up in shares, and so there is non-hypothetical price point where he will be forced to sell X
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Comments
It's currently at 108; "normal" is 7 ish
The disparity is partly due to the billions in taxpayers subsidies Tesla continues to receive