Antifascist Atha AhuluheluwThe world can make this happen
jesterchen42@Martranslations I need a fact check. Is this legit?
If so I'll start building some strategic popcorn reserves!
@jesterchen I am no good with numbers, but I guess most of his capital is fictional since it becomes actual money only when he sells. And if his sponsors want their money back, well, do your math
avuko@jesterchen @Martranslations Iโm seeing the magic number $114 popping up the last couple of days. Havenโt found a source yet, let alone a reputable one. However, see here: https://mastodon.green/@christineburns/114165977364847630
Christine Burns MBE ๐ณ๏ธโโง๏ธ๐โง (@[email protected])
@[email protected] The company will have to publicise their Quarter 1 sales and margin details around the end of this month. I expect a poor shareholder reception will set the rollercoaster running.
@avuko Truth is, I couldn't care less. The only relevant thing is that stock prices keep on dropping till they no longer cover his assets and everything he loaned. He'll probably steal the money from the US Government with Krasnov's blessings anyway. @jesterchen
๐ถMark Nicoll 3.5%๐ด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐ฌ๐ง๐ช๐บ๐บ๐ณ@jesterchen @Martranslations
lots of sources agree he is cash poor and pays most of his bills with loans leveraged on Tesla stock. He has multiple loans and I cant find any reason to believe they would all have the same margin rate, but even if 114 is the highest one breaking it could trigger a drop large enough to break other margin rates.
Multiple investment comentators have said they expect Teslas valuation to drop bellow 130 this year, from a peak of 479 so falling under 114 seems possible.
lots of sources agree he is cash poor and pays most of his bills with loans leveraged on Tesla stock. He has multiple loans and I cant find any reason to believe they would all have the same margin rate, but even if 114 is the highest one breaking it could trigger a drop large enough to break other margin rates.
Multiple investment comentators have said they expect Teslas valuation to drop bellow 130 this year, from a peak of 479 so falling under 114 seems possible.
@duckwhistle Thanks.
And let's hope. :)
@duckwhistle I can see that materializing. It seems logical, too. And if his rockets keep on exploding and governmental oversight is gone to safeguard safety and such, less institutions will be willing to buy into it. Weโll see. I doubt his products are as successful as some will want to make believe @jesterchen
Mr. Teatime@duckwhistle
This is fairly far outside my field, and I'm not quite sure how "margin-calling" works exactly. So, my question may be not very relevant (but it is, to me): Since he also owns Space-X and abunch of other things. Would he not be able to leverage those?
Particularly Space X, in conjunction with his new bestie who "owns" NASA, could be a very profitable venture for him in the next few years.
@jesterchen @Martranslations
@Mr_Teatime The exploding thin, you mean? Apparently, he loaned against the value of all his assets, so when one falls, the rest will follow. But this could also mean wishful thinking on my part @duckwhistle @jesterchen
@Martranslations @Mr_Teatime @jesterchen
I'd be very suprised if he hadn't leveraged against all his companies but I would expect that was done with seperate loans though. I'm not an expert, but I think he'd be an idiot if he signed an agreement requiring him to sell shares in his other companies if the valuation of Tesla dropped.
Even without a direct link if Tesla share prices collapse then it will knock the confidence in his other companies anyway.
I'd be very suprised if he hadn't leveraged against all his companies but I would expect that was done with seperate loans though. I'm not an expert, but I think he'd be an idiot if he signed an agreement requiring him to sell shares in his other companies if the valuation of Tesla dropped.
Even without a direct link if Tesla share prices collapse then it will knock the confidence in his other companies anyway.
Christine Burns MBE ๐ณ๏ธโโง๏ธ๐โง@Martranslations The company will have to publicise their Quarter 1 sales and margin details around the end of this month. I expect a poor shareholder reception will set the rollercoaster running.
Roger Crewโ
โโ๐ธโโโโ114 is oddly specific.
You'd think somebody publishing a number like this would have a derivation for it (something beyond the usual chart reading bullshit or "pulled from my ass").
But also, anyone with that close a knowledge of Musk's finances would be poised to make an absolute crapload of money from this -- especially if the SEC's insider trading investigators have been shut down due to the recent turmoil.
Figure if anyone were in a position to calculate such a number, there'd be a huge incentive not to reveal the real one...
Klaus Vink Slott@Martranslations
Everyone with saving in a pension fond should write to the fond and ask them if they have invested in Tesla. Ask them to drop the shares.
@ColinTheMathmo
Everyone with saving in a pension fond should write to the fond and ask them if they have invested in Tesla. Ask them to drop the shares.
@ColinTheMathmo
@Martranslations
Just checked the stock history, and it seems they were below 114$ as recently as March 2023, and at 142$ in April 2024. So the fact that they just fell to 222 isn't all *that* crazy, especially since Tesla has not done anything too extraordinary since 2023, either.
...which carries some hope because if the share price depends more on Tesla's image than "hard" market facts, I guess there is definitely room for it to fall a bit more...
fIREHOSE@Martranslations
In my opinion, the stock market will make a rallye until April 14, starting on Tuesday.
In case, here are possible price targets:
Tesla: $567
Berkshire Hathaway $100,000
Btcusd: $666.666
They will probably want to sell the subsequent price collapse as a punishment from God or the arrival of Satan.
If comes, I'd rather say, someone manipulated prices.
In my opinion, the stock market will make a rallye until April 14, starting on Tuesday.
In case, here are possible price targets:
Tesla: $567
Berkshire Hathaway $100,000
Btcusd: $666.666
They will probably want to sell the subsequent price collapse as a punishment from God or the arrival of Satan.
If comes, I'd rather say, someone manipulated prices.
@AC2N Like someone manipulated the 2024 election