• ChicoSuave@lemmy.world
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    28 days ago

    Is this so the loans secured with X stock can’t be called in, forcing Elon to sell the collateral to pay back the loan?

    Sure seems like a bullshit business move to retain control of Tesla.

    • vxx@lemmy.world
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      27 days ago

      X is a private company, there’s no stock. It was secured with Tesla stock.