Fidelity marked down their 19.7M holding to 5.6M, extrapolating that -72% to the original 44B purchase and it is worth 12.5B, Musk and company claim its 20B right now. I’m wondering when all the lawsuits i heard about the office space lease nonpayments and worker severance are going to actually go through.
Comment on Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas
Red_October@lemmy.world 4 months agoHe bought it at 44 billion. It hasn’t technically hit zero yet, last valuation I saw was around 20 billion.
phdepressed@sh.itjust.works 4 months ago
PrinceWith999Enemies@lemmy.world 4 months ago
Oh no, the last valuation I saw was one of the banks involved marked their investment down by about 80%, and that was before the X rebranding.