Comment on Tesla is banned from Canada EV rebate program, gov freezes suspicous $43 million in rebates
waddle_dee@lemmy.world 2 weeks ago
Hopefully, this amounts to a fraud investigation and shareholders dump their stocks and cause Musk to fall below the margin call and then he liquidates and Tesla goes to rock bottom.
ExcessShiv@lemmy.dbzer0.com 2 weeks ago
Doesn’t he only own like 13% of the stock in Tesla? His wealth is barely affected by Tesla going bankrupt
Tyfud@lemmy.world 2 weeks ago
Yes, but that 13% is massively leveraged. So it would significantly impact his ability to pay his loans that use those shares as collateral.
ExcessShiv@lemmy.dbzer0.com 2 weeks ago
That’s true, everything helps I guess
Klear@lemmy.world 2 weeks ago
Yeah, we don’t need a silver bullet.
sndmn@lemmy.ca 2 weeks ago
ExcessShiv@lemmy.dbzer0.com 2 weeks ago
Yeah I’m just chilling over here pointing out facts that it takes more than bankrupting Tesla to financially hurt that psycho…
NOT_RICK@lemmy.world 2 weeks ago