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Elon Musk may have to sell billions in Tesla stock to rescue X (fortune.com)

submitted 2 months ago by btaf45 to c/[email protected]

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[–] LEDZeppelin 30 points 2 months ago

I have a spare pair of bootstraps if anyone needs

[–] T00l_shed 23 points 2 months ago (1 children)

Point and laugh.

[–] ME5SENGER_24 20 points 2 months ago

[–] Jondar 19 points 2 months ago

[–] [email protected] 18 points 2 months ago

This super-genius real-life-Tony-Stark has revealed himself to be a chaotic doofus incapable of running a successful company when he's not insulated by more capable people.

[–] [email protected] 7 points 2 months ago (1 children)

I thought the Tesla board approved a massive bonus for him. Where did that money go?

[–] [email protected] 8 points 2 months ago (1 children)

The bonus was in stock. It was pretty much just replenishing the stock he dumped when he was buying twitter.

[–] [email protected] 4 points 2 months ago

wouldn’t life be easy if you could just use everyone else’s money for whatever you want

[–] [email protected] 3 points 2 months ago* (last edited 2 months ago) (1 children)

Why tho? He doesn’t need it to be profitable, he already has it as his own echo chamber. Any more money in is just sunk cost fallacy to bring back people he’s happy to see gone in the first place.

“It’s my house and I’ll shoot out the windows if I want to,” Musk was heard screaming, yesterday.