Embarrassing testimony “ Elon Musk says he could have secured funding to take Tesla private. At a trial over his 2018 effort to buy the carmaker, Musk said that his “funding secured” tweet referred not only to his belief that Saudi Arabia would help finance the deal, but [also to his stake in SpaceX]~), which he could theoretically have borrowed against. Under questioning, he acknowledged he hadn’t mentioned the SpaceX stake in a 2021 deposition.”
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Elon is sucking up all the oxygen.
He gets rich, some people get mad. He gets poor other people get mad.
Meanwhile Tesla, SpaceX, Twitter changing the world.
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Good morning, some of us have been playing the game for over 50 years, both as an insider and as a retail piker. When insiders use their stock for, material , loans, I pass, hence I’m biased. If you have research that concludes large borrowing against their stock, is a bullish long term indicator, would you be kind enough to share it? I’m open minded but history has not been kind. Do you expect Musk to give bearish guidance and risk margin calls? Thanks.
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Rich get richer and twitter
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Today, now, who cares?
Those who bought TSLA stock one month ago? I don´t think so.
Those who bought TSLA stock 5 years ago? I don´t think so either.
Elon Musk himself? LOL.
Happy weekend everyone!
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Well yeah, those who bought 3 months ago -20%
Those who bought 6 months ago -40%
Those who bought 1 year ago -37%
The average daily volume is about 195 million shares,
that’s massive turnover, a lot of folks care.