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I wonder if there's a slight possibility that Musk stopped caring about Tesla's long term success when his payment was cancelled, and he is now willing to tempo
by leereeves 2y ago
I wonder if there's a slight possibility that Musk stopped caring about Tesla's long term success when his payment was cancelled, and he is now willing to temporarily inflate the price and dump the stock.
- rchaud 2y agoI imagine he staked quite a bit of Tesla stock as collateral for the many billions in loans still owed for the Twitter purchase. If the stock value declines too much (down 35% this year), his creditors will want a higher interest rate to reflect the higher risk of default.