It’s not just his personal worth. Twitter purchase was/is largely dependent on Tesla stock. So he’s not only losing his own credit and should the trend continue some big players in investment business won’t be happy either. He has been an useful idiot on raising the stock prices, but he is very much sacrificial if the things go too far. I don’t know why he hasn’t been replaced already, but the trend in US of A seems to be that you can do whatever stupid shit you can come up with and keep doing that without consequences. So maybe the big players are still benefiting from what he and the other guy are doing.
The thing is, not really sadly. He pretty much gave up on tesla. Most of his money doesn’t come from Tesla but from spaceX, and he uses his new place and contacts at the government to get contracts and stuff with SpaceX and destroy the concurrence.
Tesla may be a bigger company, but he has more share in SpaceX, he has been selling Tesla for years.
This is the best way to strike back against Musk.
Hit his pocketbook. Tank his net worth.
It’s not just his personal worth. Twitter purchase was/is largely dependent on Tesla stock. So he’s not only losing his own credit and should the trend continue some big players in investment business won’t be happy either. He has been an useful idiot on raising the stock prices, but he is very much sacrificial if the things go too far. I don’t know why he hasn’t been replaced already, but the trend in US of A seems to be that you can do whatever stupid shit you can come up with and keep doing that without consequences. So maybe the big players are still benefiting from what he and the other guy are doing.
The thing is, not really sadly. He pretty much gave up on tesla. Most of his money doesn’t come from Tesla but from spaceX, and he uses his new place and contacts at the government to get contracts and stuff with SpaceX and destroy the concurrence.
Tesla may be a bigger company, but he has more share in SpaceX, he has been selling Tesla for years.
When The stock market crash’s you can buy into companies quite cheap.