Elon Musk Has Completely Eliminated The Possibility Of A Margin Call On His Tesla Stake, Yet The “Tesla Takedown” Protesters Continue To Try To Hammer The Stock
Tesla Takedown - a grassroots movement that aims to bankrupt Elon Musk by hammering Tesla's share price, intending to induce a margin call on the mega-billionaire's X-related debt - organized massive protests across the globe at Tesla dealerships on Sunday. Yet, Elon Musk has very shrewdly eliminated any possibility of a margin call, which speaks volumes as to the futility of the movement's end goals. The #TeslaTakedown movement is pointless because 1) Musk only owns 13% of Tesla so you're hurting 401Ks more than Elon 2) Even if Tesla went to zero, Musk would still be worth 200B ($135B from […]
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