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by wraaath
459 days ago
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One other thing that hasn't been heavily talked about: What $/share on TSLA will trigger margin calls on the massive loans that Musk took out collateralized by his TSLA stock. Once those get triggered, the snowball effect of market sales by the loan holders will accelerate the downward price trajectory. |
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I'll never forget how his Twitter mass-layoffs initiated that same practice to spread throughout the tech industry (yes, it was coming, but he did "cast the first stone").
For better or worse, what Elon Husk does today, the rest of the stock market does tomorrow.