this post was submitted on 12 Dec 2023
136 points (87.8% liked)

Enough Musk Spam

2206 readers
260 users here now

For those that have had enough of the Elon Musk worship online.

No flaming, baiting, etc. This community is intended for those opposed to the influx of Elon Musk-related advertising online. Coming here to defend Musk or his companies will not get you banned, but it likely will result in downvotes. Please use the reporting feature if you see a rule violation.

Opinions from all sides of the political spectrum are welcome here. However, we kindly ask that off-topic political discussion be kept to a minimum, so as to focus on the goal of this sub. This community is minimally moderated, so discussion and the power of upvotes/downvotes are allowed, provided lemmy.world rules are not broken.

Post links to instances of obvious Elon Musk fanboy brigading in default subreddits, lemmy/kbin communities/instances, astroturfing from Tesla/SpaceX/etc., or any articles critical of Musk, his ideas, unrealistic promises and timelines, or the working conditions at his companies.

Tesla-specific discussion can be posted here as well as our sister community /c/RealTesla.

founded 1 year ago
MODERATORS
 

This is why using Tesla stock to source cash all the time gets hairy. If Tesla shares fall below a certain level, the banks can call in those personal loans โ€” leaving Musk on the hook. And the quickest way for Tesla's stock to drop off a cliff is for investors to get wind of a big Musk sale. And of course, he needs to make sure that he still holds on to all the Tesla stock he's pledged as collateral to the banks. Unfortunately, though, the easiest way for Musk to fill the gaping hole in Twitter's balance sheet is to sell Tesla shares. You see how this could be a problem.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] pelespirit@sh.itjust.works 1 points 11 months ago

II wanted people to discuss if they felt it was true or not and see if anyone had insight as to whether Saudi Arabia factors in to his finances or not. Normally, I think you would have a point, but they brought experts to the table to discuss it even though the tone is flippant. He has to dance with the money and loans and he's running out of options. I do not have sympathy for him at all, he's a POS