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usernamesAreTricky@lemmy.ml to 196@lemmy.blahaj.zone · 2 months ago

Rule

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Rule

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usernamesAreTricky@lemmy.ml to 196@lemmy.blahaj.zone · 2 months ago
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  • OsrsNeedsF2P@lemmy.ml
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    2 months ago

    It’s the President’s own company, it will go back up

    • usernamesAreTricky@lemmy.mlOP
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      2 months ago

      Keep boycotting, and keep protesting it and it will struggle

      Tesla share prices are based on vibes not the actual company performance. Mass boycotts and protests are bad for the vibes

      It’s also where most of Musk’s wealth is, so the more it goes down the less he can leverage it to buy other stuff and keep his other companies afloat

      • jj122@lemmings.world
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        2 months ago

        It’s now down 18.5% on the day! I wouldn’t be surprised if Elon has used a lot of his shares to guarantee loans that will now come due.

        • usernamesAreTricky@lemmy.mlOP
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          2 months ago

          Tesla insiders are notably dumping a lot of shares right now

          https://electrek.co/2025/03/10/tesla-tsla-insider-trading-elons-friend-james-murdoch-just-unloaded-13-million/

        • DragonTypeWyvern@midwest.social
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          2 months ago

          He said he’s fucked if Trump doesn’t win.

          • jj122@lemmings.world
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            2 months ago

            Turns out he maybe fucked either way!

        • AceStructor@feddit.org
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          2 months ago

          I’m searching for a source, but I have read that most of his loans, especially a big part of his twitter loan is secured through Tesla. If TSLA falls far enough the banks will order payments and that will make him effectively bankrupt. No matter what his other stocks may be worth.

    • SaharaMaleikuhm@feddit.org
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      2 months ago

      Who is gonna buy those cars then? All the countryside maga-folk? I doubt it.

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