He doesn't care. He wants it to tank because then he can buy it out and go fully private again.
this post was submitted on 16 Apr 2025
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That's not how any of this works.
Except, to buy it out, he has to first pay the creditors for the value, because he used that as collateral to buy Twitter.
That's great, now you get to deliver the finishing blow
If I'm not mistaken the overwhelming majority of elons wealth is in company stock (including his other companies, not just Tesla)
It might need to fall pretty damn low for him to be able to afford all outstanding shares.
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