Comment on Elon Musk Offers to Also Ruin Wikipedia

PeleSpirit@lemmy.world ⁨1⁩ ⁨year⁩ ago

• xkforce@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Hes down 200 billion due to other stocks tanking so its much worse than that

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  • PeleSpirit@lemmy.world ⁨1⁩ ⁨year⁩ ago

    This is probably a distraction from the DOJ going after Tesla for possibly being a death trap anyway.

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    • ZeroCool@feddit.ch ⁨1⁩ ⁨year⁩ ago

      Turns out the real Tesla Deathrays were in Elons cars.

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      • gregorum@lemm.ee ⁨1⁩ ⁨year⁩ ago

        Thanks for reminding me that some US Navy warships are armed with legit death-rays.

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• kakes@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  I’m sure this isn’t credible, but:

  www.forbes.com/profile/elon-musk/?sh=63510bfb7999

  Credible or not, the guy certainly isn’t searching his couch cushions.

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  • PeleSpirit@lemmy.world ⁨1⁩ ⁨year⁩ ago

    He’ll never be poor financially, even if he went to jail. Trump on the other hand, probably the same, lol. His followers would give him money.

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  • gregorum@lemm.ee ⁨1⁩ ⁨year⁩ ago

    Net worth ≠ has that money to spend. You can be worth Y amount yet have very little actual cash depending on the circumstances. Of course, you could also borrow the money depending on how much collateral you put up.

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    • kakes@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      I understand it isn’t the same, but when we’re dealing with numbers that far beyond human comprehension I’m not sure it matters all that much any more.

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      • gregorum@lemm.ee ⁨1⁩ ⁨year⁩ ago

        Under normal circumstances, maybe, but this guy has made some mistakes lately that ran he’s pretty heavily leveraged and is under some heavy legal liabilities. He’s not as liquid as his valuation might suggest, and due to his liabilities, he doesn’t have the flexibility to just buy whatever he wants right now.

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