Numbers like this "as of June 9, 2023, according to Forbes. His net worth is estimated to be $220 billion" are very squishy. Where you and I with our discount

Numbers like this "as of June 9, 2023, according to Forbes. His net worth is estimated to be $220 billion" are very squishy. Where you and I with our discount brokerage accounts will promptly get a margin call if a margin account lacks a penny of the requires collateral, Elon's borrowing against Tesla shares skates over loan covenants, as does the Twitter LBO debt, when loans of that size are a significant risk to the lenders. Tesla is a mem stock, priced at 15X the P/E of Mercedes-Benz Group, which makes actual luxury EVs with good workmanship, and actually delivers level 3 ADAS. Gravity-defying leverage is "wealth" that can evaporate in a day.