this post was submitted on 11 Mar 2025
736 points (99.3% liked)

196

17448 readers
1184 users here now

Be sure to follow the rule before you head out.


Rule: You must post before you leave.



Other rules

Behavior rules:

Posting rules:

NSFW: NSFW content is permitted but it must be tagged and have content warnings. Anything that doesn't adhere to this will be removed. Content warnings should be added like: [penis], [explicit description of sex]. Non-sexualized breasts of any gender are not considered inappropriate and therefore do not need to be blurred/tagged.

If you have any questions, feel free to contact us on our matrix channel or email.

Other 196's:

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 20 points 3 weeks ago (3 children)

It's now down 18.5% on the day! I wouldn't be surprised if Elon has used a lot of his shares to guarantee loans that will now come due.

[–] [email protected] 5 points 3 weeks ago (1 children)

He said he's fucked if Trump doesn't win.

[–] [email protected] 5 points 3 weeks ago

Turns out he maybe fucked either way!

[–] [email protected] 5 points 3 weeks ago

I'm searching for a source, but I have read that most of his loans, especially a big part of his twitter loan is secured through Tesla. If TSLA falls far enough the banks will order payments and that will make him effectively bankrupt. No matter what his other stocks may be worth.