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chobeat@lemmy.ml to Technology@lemmy.worldEnglish · 2 months ago

The Tesla protests are getting bigger — and rowdier

www.theverge.com

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The Tesla protests are getting bigger — and rowdier

www.theverge.com

chobeat@lemmy.ml to Technology@lemmy.worldEnglish · 2 months ago
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Elon had a rough weekend.
  • nahostdeutschland@feddit.org
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    2 months ago

    I really doubt that somebody will margin call one of the most powerful men in the world who is in control of the president of the United States.

    • oblabs@lemmy.world
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      2 months ago

      Normally I would agree with you but with how hard the current US administration is pushing Tesla sales I think they are legitimately concerned / there is an actual chance this could happen: https://www.nbcnews.com/tech/elon-musk/trump-musk-tesla-white-house-showroom-buys-car-rcna195905

    • chaogomu@lemmy.world
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      2 months ago

      That hinges entirely on whomever holds the loan.

      If it was one person, then no way. But it’s not just 1 person, it’s more than 100.

      https://www.msn.com/en-us/money/companies/these-are-the-investors-who-helped-elon-musk-acquire-twitter-in-2022/ar-AA1pguJS

      There are investment groups in that list, and ties to the Saudis and Russians.

      The investment groups might be legally required to margin call if the stock price falls too far, but none of them will hold the full loan.

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