return2ozma@lemmy.world to News@lemmy.world · 2 days agoEarly Tesla investor calls for Elon Musk to resign amid stock slumpmashable.comexternal-linkmessage-square50fedilinkarrow-up1663arrow-down110
arrow-up1653arrow-down1external-linkEarly Tesla investor calls for Elon Musk to resign amid stock slumpmashable.comreturn2ozma@lemmy.world to News@lemmy.world · 2 days agomessage-square50fedilink
minus-squareLetsdothisok@lemmy.worldlinkfedilinkarrow-up2arrow-down2·23 hours ago… I don’t think Musk is relying on tesla alone. He has money coming in from everywhere. Hence, all of his inspired businesses.
minus-squareℍ𝕂-𝟞𝟝@sopuli.xyzlinkfedilinkEnglisharrow-up6·23 hours agoThe problem is that he also has debt, a large part of which is secured by Tesla stock. If that stock took a nosedive to 10% of its previous value, the owners of said debt might come calling.
minus-squareLetsdothisok@lemmy.worldlinkfedilinkarrow-up1arrow-down2·9 hours agoLol yall love saying this about rich people you don’t like. " BuT but aLl oF HiS DeBt!" Yeah… it takes money to make money.
… I don’t think Musk is relying on tesla alone. He has money coming in from everywhere. Hence, all of his inspired businesses.
The problem is that he also has debt, a large part of which is secured by Tesla stock. If that stock took a nosedive to 10% of its previous value, the owners of said debt might come calling.
Lol yall love saying this about rich people you don’t like.
" BuT but aLl oF HiS DeBt!"
Yeah… it takes money to make money.