Didn’t he buy twitter with a loan backed by his Tesla stock?
If that’s the case and the price is falling enough then the bank could/have called that in. Resulting in the forced sale of his stock.
Which would be very funny.
If self-preservation is an instinct these banks possess, they should all be calling in Musks loans right now.
The banks bankrolled twitter to create a controlled propaganda outlet and enabled their boy to directly influence the federal government. I think their investment turn out very well for them.
And they’re undoubtably confident a taxpayer bailout would fill any loss that might occur. And it’s unfortunately a solid bet.
Would be epic and funny but the stock is still at a higher price than it was at the time of the Twitter purchase. It would need to dip much lower for this to happen.
