• Saik0@lemmy.saik0.com
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    5 months ago

    It’s more money than the total amount of profit the company has EVER made across ALL years it’s been operating combined.

    The company CANNOT liquidate all that money without literally killing itself. Tesla is walking dead.

    • Pilferjinx@lemmy.world
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      5 months ago

      It feels like musk needs this money desperately to pay off some debt he owes to some very unsavory people. As long as he bribes all the right people in sufficient amounts they’ll be happy enough to fold the company and hope for a massive government bailout.

      • Saik0@lemmy.saik0.com
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        5 months ago

        Does it matter?

        Elon sold the vast majority of his stock in tesla before. He’ll do it again. To him it is literally liquid cash and he will treat it like so.

        So I’m going to say it again. This will literally kill tesla.