this post was submitted on 24 Feb 2025
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[–] Empricorn@feddit.nl 76 points 6 months ago (23 children)

But other Tesla models are still selling much better than the Nazitruck. If we want to make a point and make a dent in Musk's profits as he strips our country for scrap metal and fires everyone, we need to discourage people from associating with anything that gives the bastard more money/power.

[–] webghost0101@sopuli.xyz 14 points 6 months ago (10 children)

You have my full support and i fully agree on your last point but in nuance Tesla could go bankrupt and Musks wealth will hardly make a dent. With a budget of spending a mil a day it would still take centuries to blow trough all his money.

[–] Genius@lemmy.zip 21 points 6 months ago (7 children)

Isn't most of his wealth in stocks? If investors think Tesla is a bad stock (because no one will buy the cars), then Musk is poor.

[–] webghost0101@sopuli.xyz 11 points 6 months ago (2 children)

Actually you are correct. I thought i had found a number for his liquid money but it wasn’t.

Also got a bit hung up on his stake in Tesla being just 13% but with Tesla being valued at ~900B thats still over ~100B of his ~320B “value”

[–] hessenjunge@discuss.tchncs.de 1 points 6 months ago

Sooner than later his shareholders will sue him for burning their money. This should be interesting.

[–] hovercat@lemmy.blahaj.zone 1 points 6 months ago

Also worth noting that he's stated himself that his companies' values are all heavily tied together, and that it's a "carefully balanced house of cards". If Tesla falls, so to does everything else.

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