juergen@feddit.org to Technology@lemmy.worldEnglish · 25 days agoTesla is banned from Canada EV rebate program, gov freezes suspicous $43 million in rebateselectrek.coexternal-linkmessage-square61fedilinkarrow-up1192arrow-down12
arrow-up1190arrow-down1external-linkTesla is banned from Canada EV rebate program, gov freezes suspicous $43 million in rebateselectrek.cojuergen@feddit.org to Technology@lemmy.worldEnglish · 25 days agomessage-square61fedilink
minus-squarewaddle_dee@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·25 days agoHopefully, this amounts to a fraud investigation and shareholders dump their stocks and cause Musk to fall below the margin call and then he liquidates and Tesla goes to rock bottom.
minus-squareExcessShiv@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0arrow-down1·25 days agoDoesn’t he only own like 13% of the stock in Tesla? His wealth is barely affected by Tesla going bankrupt
minus-squarejackeryjoo@lemmy.worldlinkfedilinkEnglisharrow-up4·24 days agoYes, but that 13% is massively leveraged. So it would significantly impact his ability to pay his loans that use those shares as collateral.
minus-squareExcessShiv@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·edit-224 days agoThat’s true, everything helps I guess. But tanking Tesla isn’t the silver bullet that many seem to think it is.
minus-squareKlear@lemmy.worldlinkfedilinkEnglisharrow-up2·24 days agoYeah, we don’t need a silver bullet.
minus-squareExcessShiv@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·25 days agoYeah I’m just chilling over here pointing out facts that it takes more than bankrupting Tesla to financially hurt that psycho…
Hopefully, this amounts to a fraud investigation and shareholders dump their stocks and cause Musk to fall below the margin call and then he liquidates and Tesla goes to rock bottom.
Doesn’t he only own like 13% of the stock in Tesla? His wealth is barely affected by Tesla going bankrupt
Yes, but that 13% is massively leveraged. So it would significantly impact his ability to pay his loans that use those shares as collateral.
That’s true, everything helps I guess. But tanking Tesla isn’t the silver bullet that many seem to think it is.
Yeah, we don’t need a silver bullet.
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Yeah I’m just chilling over here pointing out facts that it takes more than bankrupting Tesla to financially hurt that psycho…