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/biz/ - Business & Finance

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53120346 No.53120346 [Reply] [Original]

Where were you when elon files for bankruptcy?
> He owns about 25% of Tesla between stock and options, but has pledged more than half his stock as collateral for loans (Forbes)

>> No.53120504

>>53120346
Lemme see:
>50% of 25% is pledged of a stock that's -75% in 12 months
Yeah, that shit don't sound good.

>> No.53120515
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53120515

>>53120346
>rocket man bad

>> No.53120531

>>53120515
no, its
>rocket man bust
actually.

>> No.53120561

>>53120531
His pledged collateral more than covers his loans, even if TESLA drops to pre pandemic prices. Cope and seethe, reddit tranny.

>> No.53120968
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53120968

>>53120515
>rocket man good

>> No.53121423

>>53120346
He sold around 40 million worth of Tesla stocks at its peak last summer. He's fine.

>> No.53121432

>>53121423
*40 billion

>> No.53121514
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53121514

What's he thinking right now

>> No.53121523

>>53120346
>people think Elon ios going to go bankrupt because his company, who was evaluated way, way more than it was worth, lost value
Nigga, he cashed at the right time. Now he has money to buy back and still can terrorize Twitter users.

>> No.53121598

People like Elon will never be poor. Even if he manages to lose everything, there are still people out there willing to pay him for talks, books, etc.

>> No.53121690

It won't go down like that. Too many rich people will lose too much money. Twitter will restructure its debts. The better question is what happens to Elon. I can't recall a time where someone who was part of the club, and very high profile, shifted this hard from being an asset to the elites propping him up to being a major liability. He didn't stop either.

The sexual harassment stuff, and the investigation for stock manipulation seemed like people warning him "stop fucking around or some consequences might happen". He remains fucking around. I'm legitimately curious what happens to him because I've never quite seen the elite dish it out to one of their own before except in weird edge cases like Epstein's suicide.

>> No.53121770

>>53121598

Only if he does something illegal and gets JUSTed by the feds

>> No.53121878

>>53121770

Fed engagement is not determined on basis of what is legal or not. If it was, US markets would never open again. You new here?

>> No.53121909

>>53120346
Neuralink will start human trials soon, the cybertruck and tesla bot will enter production, and after that he's a quadrillionaire.

>> No.53121925

>>53121690
sry, but only goys still hold tesla

>> No.53121990

>>53120346
So he’s losing half of his tesla stock? That’s nowhere near bankrupt. Still a billionaire. Still flying a private jet. Probably still top 10 richest in the world.

>> No.53122087

>>53121878
It does when you are poor.

>> No.53122223

>>53121514

Drinking the soul of a weak investor right now.

>> No.53122323

>>53120346
rock climbing gym with a latte in one hand, phone in the other. i climb with my feet only. you should see it.

>> No.53122337

>>53120515
imagine being this much of a simp