Those headlines always make it seem like a big deal, but I’ll only allow myself some joy when I’ll know for sure Elon Musk will be homeless. Times and times again I’ve seen headlines like this, where billionaires are losing billions, the stock market is crashing, it’s never been this bad!!! But in the end, they eventually get those billion back and nothing changes.
I agree with you. Musk alao has a long history of manipulating Teslas stock prices up and down for his own eventual benefit.
He won’t be homeless, but most of his ‘wealth’ is just the value of that stock. The lower it is, the less of a threat he is.
Didn’t he buy twitter with a loan backed by his Tesla stock?
If that’s the case and the price is falling enough then the bank could/have called that in. Resulting in the forced sale of his stock.
Which would be very funny.
If self-preservation is an instinct these banks possess, they should all be calling in Musks loans right now.
The banks bankrolled twitter to create a controlled propaganda outlet and enabled their boy to directly influence the federal government. I think their investment turn out very well for them.
And they’re undoubtably confident a taxpayer bailout would fill any loss that might occur. And it’s unfortunately a solid bet.
Would be epic and funny but the stock is still at a higher price than it was at the time of the Twitter purchase. It would need to dip much lower for this to happen.
Along with P Diddy and some money came from other very questionable backers
Unsurprisingly, Musk has disparaged Tesla Takedown as something astroturfed by wealthy liberals (and conflated the peaceful movement with attacks in which suspected arsonists threw Molotov cocktails at dealerships). On Saturday, he claimed without evidence on X that an “investigation” of some kind had revealed that wealthy philanthropists including George Soros, Reid Hoffman, and Leah Hunt-Hendrix were funding the groups behind Tesla protests through the Democratic fundraising platform ActBlue. Aside from misrepresenting how ActBlue works — it doesn’t fund anything but is rather a system through which donors can send money to Democratic political candidates and liberal organizations
“It couldn’t possibly be the consequences of my actions, it’s wealthy liberals conspiring against me!”
He deserves it and so much more.
Molotovs? I think you mean Jewish space lasers!
Also I think it’s worth noting that he has hitched his cart to trump who has so far avoided any consequences.
If there was any proof that there is no “higher power” and that the universe doesn’t care about humanity one way or the other, that would be a very good example.
Surely he doesn’t mean the kind of wealthy liberals who would purchase a luxury electric car like a Tesla and who also don’t like authoritarians?
PLEASE just let this nightmare end. There’s no funerals I look forward to more than the two fucking pieces of dog feces running the show right now.
I have violent fantasies about Elon Musk. I have never been in a fight as an adult, but I lust to hurt that guy. I can go into detail about it…
Musk is slowly arriving at the horrifying realization that actions have consequences.
No he’s not, he’s just chucking blame around
You said there was going to be pain.
I need to rewatch this movie again.
What movie? Is it The Princess Bride? I’ve heard people talk about that movie all the time and I’ve never seen it.
Still one of the best threats in film.
This whole movie is endlessly quotable.
Yes, but he didn’t mean that he would be one of the people in pain!
leopards eating their own faces
Maybe more ketamine will help.
I think he needs to do something bold to silence all the haters. He needs to ride that next Starship launch personally. He should bring his pet president along too. Safety regulations be damned! It’s time for action.
& J.D. Vance also!
gave what was widely recognized as a Nazi salute at an inauguration event,
Short of officially stating it but at this point I’ll take it.
Margin call incoming? Would be terrific.
The tumble erased the last vestiges of the rally Tesla enjoyed after Trump’s election victory in November, when investors clearly felt that a company run by the president-elect’s largest Super PAC donor was a smart bet. It has lost more than 50 percent of its value — the equivalent of some $800 billion — since cresting in mid-December.
I’d like to see this go to zero.
He also replied to a self-identified nationalist user’s groundless claim that “groups” attacking Tesla property are “inspired by” Luigi Mangione, the alleged murderer of UnitedHealthcare CEO Brian Thompson. “Wow,” he wrote.
If only.
Does he not know that ANTIFA and the Enola Gay conspired to take him down? And he didn’t mention me, a zuper, zuper wealthy libtard, who financed all this with hundredz of my millionzzzzz. I em… effendead SIR! May your batteries randomly combust.
“Stand With Tesla.” Musk reposted it to his massive audience, but the sentiment didn’t prevent him from losing $23 billion the following day.
This is music to my ears
At what point do the board and the shareholders fire his ass?
He’s still by far the biggest owner of the stock, so although that would take him down several billion a year, it’s still just a small bite.
