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Not really. I have personal savings that helped me a lot this year. If you want to see what happens when the treasury is empty, just look at how hard it was fo
by xiphias2 6y ago
Not really. I have personal savings that helped me a lot this year.
If you want to see what happens when the treasury is empty, just look at how hard it was for Tesla to survive the Model 3 launch: they were heavily shorted, and oil companies attacked Tesla on every front they could to destroy it.
Now that Tesla has enough treasury to survive a stock crash (and a little bit profitable), shorts went away.
Btw MicroStrategy was attacked the same way and its stock crashed by 95% in the past.
Also just look at 2020 how many businesses that didn't have treasury went bankrupt.