I was kind of joking but how happy can the current shareholders be since it's lost half it's value since January? We just need to get the Tik Tok kids onboard.
Since musk and Trump pretty much own the entire mechanism of consumer and legal enforcement at the federal level, what the hell is anybody gonna do even if they win a lawsuit?
Thats not really how any of this works...
Twitter, now X is now part of Xai, his AI company. That company is privately held and has an estimated market cap of 50 billion. Xai bought X(twitter) for $33B and $12B of X(Twitter) debt. Xai will now service that debt.
Twitter was pretty much all purchased with debt; he is paying absolutely insane levels of interest on.
That’s pretty typical of how people do these things though. They borrow based on the value of things like stocks they hold; so they don’t have to sell the stocks
I don’t either tbh.
That was likely a move to prevent it but he couldn’t own Twitter in its entirety right now. There has to still be weird Tesla stock stuff going on.
Plus he took a loan from a bank who actually considered taking it over at one point
Tricky thing is that Musk is 90% of the stock value, if he leaves it drops back to $20 like other car companies, maybe even worse. They need Musk to tell increasingly bigger lies about all the new technologies Tesla will develop to keep the money coming in
But once they hit $114, my understanding is that his debts come due. And all of his other endeavors are funded in TSLAs forward earnings. So when he hits $114, it comes down on top of him.
Not really. It went down to $113 Jan 2023. Truth is, the short term pressure may help to oust Elon from the Trump shadow cabinet, but stocks are like corks in a gale. They’ll dance all over the place in uncertain periods.
He doesn't want his wealth in cash. He'd have to pay tax on it. He is happy to just own stock, if he believes that the stock will regain its worth in the future.
I fucking love seeing this. I hate to say it, but I give EVERY Tesa driver the "stink eye." Someone will eventually beat the crap outta me but it will be worth it
the problem is that he owes the bank hundreds of billions of dollars borrowed aganist Tesla stock. If he can't pay that back, the bank has a problem. If the stock crashes, the bank has a problem. Him selling that stock means the stock crashes, the bank has a problem. Either way,the bank is destroyed
I’m fine with that. Anybody who would loan him money deserves what they get. Also, his handlers won’t let him fail anyway. He’ll be bailed out. They always are.
1. Don't think so. Their bailouts always comes from taxpayer's money.
2. Anyone willing to make deals with a nazi should know it never ends well for them.
The Tesla board historically ignores their fiduciary duty—
rather they personally profit by selling shares they were granted for their board service for hundreds of millions of dollars, while giving Musk bottomless pits of money.
It's hard to say because many of his securities are backed by other private securities, and the value of those securities is not really known. The prevailing opinion seems to be right around when the stock price hits ~175, though it could be as low as ~115.
Oy wey, boobie’s in trouble again. But I need it to test a few more limits down the line, because I’m curious when his Nazi majesty finally gets margin called by the banks. For the sake of scientific advancement ofc.
My portfolio is down 13.5%. Anxiety is high but I had a good night sleep since I listen 2LedZeppelin's bio HammerOfTheGods in bed. The only other thing that makes me feel good is when I C MAGAfigures (Ex. ElonMusk &PeterNavarro) turn on each other. That means they're 2Biz 2hurt Americans. FollowMe!
Getting closer to where it should be. Musk going broke will be very much cathartic... although I'll still be weeping my own loses on the stock market that Trump fucked up.
Actually you are wrong. If Tesla lost 50% of its market value , the margin call set by stock analysts is $114 per share. If it hits this value, Musk will have to start having to liquidate!
Comments
Twitter, now X is now part of Xai, his AI company. That company is privately held and has an estimated market cap of 50 billion. Xai bought X(twitter) for $33B and $12B of X(Twitter) debt. Xai will now service that debt.
That’s pretty typical of how people do these things though. They borrow based on the value of things like stocks they hold; so they don’t have to sell the stocks
That was likely a move to prevent it but he couldn’t own Twitter in its entirety right now. There has to still be weird Tesla stock stuff going on.
Plus he took a loan from a bank who actually considered taking it over at one point
But once they hit $114, my understanding is that his debts come due. And all of his other endeavors are funded in TSLAs forward earnings. So when he hits $114, it comes down on top of him.
Onwards toward the dawn.
2. Anyone willing to make deals with a nazi should know it never ends well for them.
rather they personally profit by selling shares they were granted for their board service for hundreds of millions of dollars, while giving Musk bottomless pits of money.
LET IT DROP!
Send that motherfucker bankrupt.
Fingers crossed.
https://www.nasdaq.com/articles/cathie-wood-predicts-tesla-stock-will-reach-2600-i-predict-it-will-fall-further-240
#REtrumpubliKKKnaziMagants
Tesla will make it better????🤪