Elon Con Man is Panicking
Saturday, 15 Mar 2025
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his wealth is just an illusion funded by institutions whose wealth is also an illusion
funny how unrealized gains have no value when it comes to taxes; yet are treated like securities when it comes to borrowing. would be a shame if this loophole backfired on an absolutely terrible person🤷♂️
Tesla has been massively over-valued for like a decade. Only now are these chickens coming home to roost…Better late than never I guess…
I always said it…
REAL billionaires have HARD assets.
Elon’s fortune is mostly hot air around stocks that he is now tanking.
At any rate given his ability as a smoke seller even if he crashes big time he won’t end up broke.
Just not obscenely rich.
Time to short tesla? Its dramatically overvalued anyway
I keep on stressing this.
TSLA is a house of cards. Dipping that market cap below $400 billion and things get very serious very quickly.
Honestly the White House car dealership thing isn’t working so good
He purchased Twitter in April of 2022. Since, Tesla stock has seen a low around ~$110, which did not require the forced sale of the collateral. So even if he was doing a balloon loan with interest only payments. It would have to go sub $100 at this point. IE -60% from **todays** closing price.
I’m not saying it’s not possible, but highly unlikely to occur. Because I imagine some of the loan balance has been paid, and while he is a fucking moron. I doubt he’s stupid enough to not have an alternative since he already faced this down once (near year end of 2022).
the world needs to boycott anything that is associated with musk fuck that mfer
Do we know who the creditors are? Maybe we need to start emailing and calling them, too?
I think DOGE needs to audit some bank loans… maybe recall the risky ones… like this.
Fuck Tesla. No clue why anyone purchases these cars. They are overpriced and cheap/ugly as hell inside.
I get much better deals on BMW’s.
they could also take tesla from him too because the stock is the collateral
Why would the banks want Twitter? There must be something better they can get.
I really wanted more people to know this too. Also if people put their Tesla on the market to sell it, that too lowers their stock prices, even if it’s not sold. I’d have so much joy to see Elon become as close to a regular wage earner as the rest of us. Trump is in a bind because he relies on Elon to fund primarying anyone that steps out of line BUT Trump is also beholden to big oil so he’s gotta sell electric cars now and gas! Lol!
This is such bullshit.
Musk negotiated the takeover when Tesla was at 200ish.
Right after he took over Twitter, it crashed to 130.
The year after, it hovered around 200 until he went full on the Trump train when it started blowing up to over 400 AGAIN.
It had already been over 400 before he bought Twitter.
Investors didn’t do jacks shit when it went down to 130.
Buying Twitter isn’t about money.
It was about taking over and infesting one of the largest social media networks on the planet.
And that’s what they did with great success.
The investors are happy as long as Musk uses Twitter to suit their collective purposes.
Besides, Tesla is still well over the 200 it was when the takeover was financed.
I almost hurt myself laughing! Genius of the World! <shoots himself in foot.>
We need to protest the institutions that prop this stock up.
Do it you cowards
There was a White House car show?
Don’t do that. Don’t give me hope.
Any idea what happens to Twitter if that happens?
Nunca ve
That’s literally how all of them do it. Which is also the reason you can’t tax the fuckers.
“I’ll show you this trick to get out of debt.”
—Trump to Elon in a few months
Panicking no.. There is things to dislike but he a confident man who doesn’t worry
Correction. He didn’t borrow shit. He stole it all. Right out of the pickets the entire working class.
There’s another fun twist, the amount of shares held as part of the Twitter perchase have a cash value, so the less valuable the shares the more are sucked into Twitter
If the shares sink low enough Musk major source of wealth vanishes into Twitter and he’s at the mercy of banks and Saudi investors who can claim them
If it happens Musk will still be rich but not hold the power he has now, he’ll not be able to buy elections to end investigations into his companys anymore
Ok but then why is he retweeting nazi shit if he’s so worried about his companies
Maybe he should have voted for a steady economic hand to help keep his net worth alive.
Interest will also be due as some point on the money he borrowed to buy Twitter.
All calculated on the original loan size and not the current value of the stock.
Should be interesting!
He owns only 10% of Twitter. Tanking TSLA stock is bad for him but SpaceX is worth like 350B and he reportedly still owns 42%. His financial situation will never be bad to liquidate anything. But it’s definitely interesting how he built his TSLA empire on liberals and then proceeded to be against everything he stood for.
The issue is that x is a toxic asset at this point. No one wants it other than Elon.
You would need massive overhaul to turn it right. Otherwise it is just going to keep losing money and getting worse
He’s in trouble but Tesla is no longer collateral for X.
Tragikomisch – sad and funny at the same time.
If you didn’t have enough reason to boycott Tesla already, the schadenfreude of seeing him lose Twitter should tip you over the edge.