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Why wouldn’t he care if Twitter goes under? It would be a double digit % decrease of his net worth if Twitter halves in value. It would also be a public embarra
by awb 4y ago
Why wouldn’t he care if Twitter goes under? It would be a double digit % decrease of his net worth if Twitter halves in value. It would also be a public embarrassment, and a wasted opportunity to have spent more time at his other companies.
- cwkoss 4y agoHe also leveraged a bunch of his tesla holdings to make the purchase. As his actions repeatedly make the TLSA price fall, there is risk of a margin call and him having to forfeit his collateralized shares. Will be pretty funny if he loses control of Tesla.