I don't know that it is entirely good news. It seems this will not harm musk at all. In fact, this gives him the ability to ask for a govt bailout, and also to write these off as losses -- and as a result pay NO TAXES for years to come. But we hate that company, so yay for us.
He’s making up the money with his new Starlink contracts. But yes, let’s make Tesla redundant. Maybe GM can buy it out cheaply, and the board should fire fElon.
I'm part dork, part OCD sufferer, so I check every single day. In the morning and in the evening. Then I whip out my trusty calculator [app] and multiply, then I calculate the number x 20.5% (Musk's percentage) = 130,039,700,000. My brain is not a fun, welcoming environment 😂😂😂
Comments
Musk is most likely highly leveraged with his zillions in Tesla stock.
In fact, it will. Their earnings are going to tank. April 23rd I think is their next call, but insiders already selling off like Musks brother.
@peoplepowerunited.bsky.social
@50501movement.bsky.social
@indivisible.org
@tompaine1.bsky.social
The board chairman sold all or most of her shares