As top shareholders dump their Tesla stock, Musk is now begging the rank and file to hold onto their equity.

Keep it going. Canada, you’re doing great.

  • @[email protected]English
    16•3 months ago

    He’s hoping everyone else doesn’t liquidate before he can. lol He’s trying to leave everyone else holding the bag.

    • @[email protected]English
      3•3 months ago

      Last thing he wants to do is liquidate. His twitter loans are secured by Tesla stock. He’d only liquidate if he gets a margin call on those loans.

    • @[email protected]English
      2•3 months ago

      Probably with an illegal government bailout, either in the form of an incredibly generous to Tesla purchase order or just cold hard cash

    • @[email protected]
      21•3 months ago

      I saw a cybertruck today. Fucker had a new tag on it. Fucker just bought it. I yelled and czlled hiim a fucking nazi. No way you buy any Telsa without knowing who you support.

      • @[email protected]
        3•3 months ago

        The cars I can generally excuse. Most people bought them before the true craziness of Musk was known and I’m not going to expect anyone to buy a new car because of the politics of the CEO, that’s crazy.

        Cybertrucks though? Nah, fuck you if you bought of of those low poly-ass shitboxes. You knew what he was when you placed that order.

  • Jesus
    13•3 months ago

    It’s been holding at about 245 for a week. Bummer is not going lower.

  • @[email protected]English
    2•3 months ago

    I sold my Tesla stock long ago, before it crashed, because I wouldn’t support M-Rat.

    Now I’m thinking of buying a share, only because I want to be in the inevitable class-action lawsuit that is absolutely coming, blaming Musk for recklessly and predictably tanking the stock price, and the Board of Directors for not taking action and removing him from his job when he went out of his mind.

  • @[email protected]English
    4•3 months ago

    Musks Tesla stock holdings make it so that even if he were kicked out as CEO, the company would continue to be viewed as his personal piggy bank, and likely continue to face backlash for the stuff Musk is doing. Him liquidating his stock position would crater the stock price. It’s pretty well cooked.

  • @[email protected]English
    13•3 months ago

    I may not know anything about the stock market, but I think this means everyone should sell their stocks.

  • @[email protected]English
    3•3 months ago

    Could you guys wait until Wednesday? I want to take advantage of the current bump has on my put target

      • @[email protected]English
        1•3 months ago

        :P

        Nah the puts im buying are out to this summer, I’m not a weeklies guy. I’ve just been following it and when I decided to transfer the funds the fee was $13.50 for a break even of $181 on June 20. Right now it’s down to like $9 for $181 on June 20. But fat lot of good it does if it crashes before I can buy the puts.