@return2ozma@lemmy.world to News@lemmy.world • 14 days agoEarly Tesla investor calls for Elon Musk to resign amid stock slumpmashable.commessage-square49fedilinkarrow-up1670arrow-down110
arrow-up1660arrow-down1external-linkEarly Tesla investor calls for Elon Musk to resign amid stock slumpmashable.com@return2ozma@lemmy.world to News@lemmy.world • 14 days agomessage-square49fedilink
minus-square@Letsdothisok@lemmy.worldlinkfedilink-4•13 days 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-𝟞𝟝linkfedilinkEnglish7•13 days 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-square@Letsdothisok@lemmy.worldlinkfedilink-4•12 days 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.