I'm searching for a source, but I have read that most of his loans, especially a big part of his twitter loan is secured through Tesla. If TSLA falls far enough the banks will order payments and that will make him effectively bankrupt. No matter what his other stocks may be worth.
5
DragonTypeWyvern @midwest.social - 10mon
He said he's fucked if Trump doesn't win.
5
jj122 @lemmings.world - 10mon
Turns out he maybe fucked either way!
6
SaharaMaleikuhm @feddit.org - 10mon
Who is gonna buy those cars then? All the countryside maga-folk? I doubt it.
6
drathvedro @lemm.ee - 10mon
Not steep enough. TSLA without Musk is like $60 at most.
8
Derpgon - 10mon
I'd say TSLA without Musk would be much higher lol. That buffoon is weighing it down so much. The moment he isn't at the helmet the company might have a chance of not being piece of garbage.
But that will never happen, Muskler is too proud and dumb.
5
drathvedro @lemm.ee - 10mon
I don't know, I am not a finance guy, but I don't see how a manufacturer whose market share is at most 10% in the US has 3X times more market cap than Toyota which dominates sales almost anywhere in the world.
3
Derpgon - 10mon
Because stocks are purely speculative, also Tesla is a US company, while Toyota is Korean.
1
usernamesAreTricky @lemmy.ml - 10mon
Keep protesting and boycotting and it will keep going down
usernamesAreTricky in 196
Rule
https://i.imgur.com/1GPMp5c.pngIt's the President's own company, it will go back up
Keep boycotting, and keep protesting it and it will struggle
Tesla share prices are based on vibes not the actual company performance. Mass boycotts and protests are bad for the vibes
It's also where most of Musk's wealth is, so the more it goes down the less he can leverage it to buy other stuff and keep his other companies afloat
It's now down 18.5% on the day! I wouldn't be surprised if Elon has used a lot of his shares to guarantee loans that will now come due.
Tesla insiders are notably dumping a lot of shares right now
https://electrek.co/2025/03/10/tesla-tsla-insider-trading-elons-friend-james-murdoch-just-unloaded-13-million/
I'm searching for a source, but I have read that most of his loans, especially a big part of his twitter loan is secured through Tesla. If TSLA falls far enough the banks will order payments and that will make him effectively bankrupt. No matter what his other stocks may be worth.
He said he's fucked if Trump doesn't win.
Turns out he maybe fucked either way!
Who is gonna buy those cars then? All the countryside maga-folk? I doubt it.
Not steep enough. TSLA without Musk is like $60 at most.
I'd say TSLA without Musk would be much higher lol. That buffoon is weighing it down so much. The moment he isn't at the helmet the company might have a chance of not being piece of garbage.
But that will never happen, Muskler is too proud and dumb.
I don't know, I am not a finance guy, but I don't see how a manufacturer whose market share is at most 10% in the US has 3X times more market cap than Toyota which dominates sales almost anywhere in the world.
Because stocks are purely speculative, also Tesla is a US company, while Toyota is Korean.
Keep protesting and boycotting and it will keep going down
So is a Cybertruck
tesla lone goes down, lsmmy line goes up