Elon Musk Looks Desperate | How to lose $148 billion in less than two months
Elon Musk Looks Desperate | How to lose $148 billion in less than two months
Summary
Elon Musk’s fortunes have plummeted by $148 billion amid Tesla stock plunging nearly 50%, government protests, and setbacks at SpaceX and Starlink.
A White House event with Trump, meant to boost Tesla, instead highlighted Musk’s growing desperation.
Musk's other ventures are also struggling—SpaceX rockets have exploded during tests and Starlink lost a Canadian contract.
His role leading DOGE is generating backlash, with Musk appearing increasingly defeated in public appearances.
His reputation, which previously weathered controversies, now faces unprecedented challenges due to his political alliance with Trump.
148.2 billion. He gave 200 million to Trump!
That's it, elon. You're outlived your usefulness
Nobody loses anything when stock prices go down unless they start selling at a loss. Tesla stocks are up 48% from a year ago. They're only doing bad compared to 2 months ago when the price was at all time high.
I don't think that's relevant in this case because I don't think elon has the capacity to understand that. He's a man that pays to cheat in online gacha games for clout; he is not emotionally built to handle seeing number get smaller and reacting rationally to that
Whether Elon understands this or not is irrelevant. The stock market's mechanics don't change based on his emotional reactions - paper losses aren't actual until realized through selling. Your assumptions about Elon's mental capacity are speculative and don't affect basic facts: Tesla stock remains up 48% over last year. If you dislike Elon, that's fair enough, but at least understand the basics before making claims about his comprehension.
Shhhh. Lemmy doesn't want to hear truth. Neither they want to hear that Musk actually doesn't own tesla, only 12.8% of it. He still has billions of his own money and is set for life.
Unless he got Luigi-ed, he has nothing to worry about.
Considering their products' build quality and service plans, I'd still short the ever-loving shit out of TSLA if I was wealthy enough to be able to qualify to take out short positions.
Here's hoping that Musk is someday forced to live on social security. Or dead. Either outcome would be fine by me.
Well, we'll all be dead someday.
How to lose $148 billion in less than two months
Step 1. Have $148 billion or more
...Shit, this guide is useless.
It's almost like the whole planet is bullying xelon. He seems so sad, he's losing so much. So many negative memes & comments. Stories about how corrupt he is and how unsafe all his businesses are. I'll bet he's teetering on the edge of a MASSIVE mental meltdown. So, citizens of Earth, keep bullying elon!
all he had to do was shut up online.
That's how I feel about trump. All he had to do was keep committing fraud and crimes quietly. Instead he decided to make us all aware of what a colossal fuck up he is. Xelon is like his twin. May they both hang as US traitors.
two billionaires, unfathomably rich individuals, in the last ten years that having a good public image was overrated, but decided they'd rather use their platform to hurt people, and alienate anyone who liked them, but wasn't a raging bigot. is the allure of being mean to people on twitter.com that great?
if Musk had shut up just 5 years ago, he'd probably have more money, more respect, but somewhat less power. instead he's become the guy a lot of people are excited to see have a total breakdown, and hopefully lose everything.
when the gigafactories stop producing.
That's the name of the documentary of xelons fall from riches.
You think he'll pull a Hitler at some point?
Trump bankrupts everything he touches, including people
lol what a loser.
I hope we get rid of rim soon, one way or the other.
I've been wondering about this... Billionaires do the "borrow against their holdings so they pay no taxes, do it again to pay those off, then die" thing
So his holdings doubled and crashed back down (and still falling) over the course of a few months. He leveraged a ton of it to buy Twitter, which has also crashed.
So is there a point where he loses everything? If Tesla drops too low, can they call in the debt?
He doesn't seem to own much property directly, even his mini home is basically a publicity stunt while he basically lives with various friends
So if his stocks continue to crash, is there a point where it all just falls apart?
The sad part is, even if his empire disappears, he's still gonna leave wealthier than most of us.
Lovely imagery, but I think words get in the way of the magnitude of the wealth here.
There's (unfortunately) not a realistic scenario where he's not a billionaire.
It just means he'll continue to double down on his current activities. Like a cornered rat, he has nothing to lose now. So he will break every law possible to maintain.
Which is not good.
If he was bankrupt and on the street that still would not be enough for me at this point.
I would hand him a bottle of pee if I saw him homeless on the strret.
If he keeps losing money he'll eventually hit the illegal immigrant zone and get taken go Gitmo.
First it was Twitter, and now this. Boy, Elon sure knows how to make himself look like a "genius."
Maybe he'll wake up with a conscience one day and start an epic redemption arc and... Eh, who am I kidding
so far like a few months bubble bursted on tsla stock, and thats not the first time.
I hate when this happens /s