• vortic@lemmy.world
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    2 days ago

    I’m not sure that Elon is feeling that much pain. His investors are, but he’s so rich he barely notices. That, or it might be the ketamine.

    • danisaur@lemmy.world
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      2 days ago

      I think he’s completely sweating. Since his wealth is based on Teslas stock price. It’s also an open secret that the way billionaires avoid taxes is taking out loans that are leverage on their stock value and use it as “income”. As long as their stock goes up, they stay rich. But if the stock price goes down, banks will probably start to collect on those loans and that’s when spiral begins (selling of assists). He still has spacex though…which is sadly sustained by the government.

    • Slayan@lemmy.ca
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      2 days ago

      For someone not noticing he seem to talk about it alot. He also had to sell twitter to his ai company to get some liquidity prob to pay back some investor whom wanted out. So his action seems to tell he does care. But who know what goes on in his head.

      • blakenong@lemmings.world
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        2 days ago

        He, and his cronies, are obsessed with people not allowing them to do whatever they want.

        It’s sad for Tesla that he was ever involved. He doesn’t contribute anything but his image and connections. Tesla is the Nazi car. You can’t roll that back.

      • ytsedude@lemmy.world
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        2 days ago

        It’s upsetting his fragile ego, but he’s not feeling much financial pain. It’ll take way more for that to happen…