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Calling his Tesla stock "savings" and using market cap to determine its liquid purchase power is astoundingly ignorant. Tell me, if you have, say, 100 million i
by BulgarianIdiot 3y ago
Calling his Tesla stock "savings" and using market cap to determine its liquid purchase power is astoundingly ignorant. Tell me, if you have, say, 100 million in savings, and you spend 20 million, does the remainder magically shrink also to 20 million, like happened with Musk in 2022?
Also do you realize he paid about 1/4 of the value of Twitter. The rest is loans and other investors burning cash by trusting him and rolling over.
Tell me why did a wealthy man who merely spent "20% of his savings" take on high-interest debts worth over 13 billion?