3 ms·
I was thinking margin calls too: https://news.ycombinator.com/item?id=43423201#43425801 https://news.ycombinator.com/item?id=43423201#43425801 He had a sizabl
by wraaath 1y ago
I was thinking margin calls too: https://news.ycombinator.com/item?id=43423201#43425801 https://news.ycombinator.com/item?id=43423201#43425801
He had a sizable chunk of collateralized borrowings against his Tesla shares even before the Twitter acquisition. There was the risk of a margin call during year following the acquisition, but AI became the latest hotness so he was able to spin up a company to cook up some more market bubble.