Tesla shares have dropped dramatically since peaking in December, and Tuesday's decline pushed the company's market cap below $1 trillion.
    • @surewhynotlem
      12•3 days ago

      So what you’re saying is that we can gamestop him to death?

    • partial_accumen
      11•3 days ago

      He never cashed out but instead takes loans on the value of his assets, such as Tesla stock.

      I’m sure he takes loans on assets, but he absolutely cashes out actual Tesla stock and has done so multiple times.

      This was one of his arguments to the Tesla board when he demanded $55b. He said he needed more stock to maintain control. How did he have less stock? He sold it for cash in the past. This is one of many reasons why the Tesla board should have told him to pound sand. Instead, they gave him what he asked for, and in my mind, violated their fiduciary responsibilities in doing so.

  • @shalafiEnglish
    12•3 days ago

    Call me shitty, but I say we keep spray painting Tesla vehicles, make the product absolutely toxic. And yes, that will suck for some that bought in long ago. Innocents get killed in every fight.

  • sunzu2
    13•3 days ago

    This parasite got the US treasury to loot now… he don’t even care