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Nice watch. The super rich like fElon are seemingly not paying with their stocks as claimed in the video but with loans they get from banks for very good conditions using their stock as guarantees. So when the stock price drops it might be worth less than the loan being granted. In that case the bank can demand the sum immediately causing the whole card house to collapse.
It's being described here (German).
Surely aren’t taking out loans for an amount so large it would destroy them. It would still be a loss on top of a loss. And maybe force them to sell some shares unexpectedly.
Remember he has a much bigger stake in starlink than testla.
I've stopped buying my rocket launching services from SpaceX long ago!
Which is why Trump is going to throw money at Starlink for rural broadband
I'll believe it when the price has fallen below pre November numbers. It's right on the cusp. Let's keep it up.
I don't know that the protest are to be given all the credit, as Tesla's value was always inflated beyond reason. We're seeing a correction here that was long overdue, its just Elons shitty behavior that's catalyzed it.
Those two heils were his most risky investment yet lol
Pay close attention to the things that have and have not worked. Just sayin.
Massively crashed and still much overrated.