Re: Tesla Inc.'s sales plunged 45% last month across Europe

On Tue, 25 Feb 2025 19:31:56 -0700, Retrograde
<fungus@amongus.com.invalid> wrote:

Can't wait to see

Investors are now warning Tesla stock could lose 50% or more of its
value this year as it continues to tumble.

Musk is still the wealthiest man in the world but he lost 7 billion
today, about 2% of his fortune.

https://bsky.app/profile/kazweida.bsky.social/post/3lj4bsugtx227

On another note

Apr 29 2022

Elon Musk will be the most indebted CEO in America if the Twitter deal
goes through
...
...
According to his SEC filings, Musk's financing plan includes $13
billion in bank loans and $21 billion in cash, likely from selling
Tesla shares. It also includes a $12.5 billion margin loan, using his
Tesla stock as collateral. Because banks require more of a cushion for
high-beta stocks like Tesla, Musk will need to pledge about $65
billion in Tesla shares, or about a quarter of his current total, for
the loan, according to the documents.

https://www.cnbc.com/2022/04/28/elon-musk-will-be-most-indebted-ceo-in-america-if-twitter-deal-closes.html