@Merlu@lemmy.ml to Uplifting News@lemmy.worldEnglish • 2 months agoTesla’s massive 71% profit loss pushes Elon Musk to limit government work with DOGEsinhalaguide.comexternal-linkmessage-square89fedilinkarrow-up1534arrow-down114
arrow-up1520arrow-down1external-linkTesla’s massive 71% profit loss pushes Elon Musk to limit government work with DOGEsinhalaguide.com@Merlu@lemmy.ml to Uplifting News@lemmy.worldEnglish • 2 months agomessage-square89fedilink
minus-square@Bytemeister@lemmy.worldlinkfedilinkEnglish2•2 months agoIt’s over valued and Elon owns 51% IIRC. So if they kick him out, he sells it all and tanks the value even further.
minus-square@PixxlMan@lemmy.worldlinkfedilinkEnglish3•2 months agoHe owns 13%. Still significant, of course. But it’s very unlikely he’d sell them just for payback, since that would massively impact his own wealth. https://www.investopedia.com/articles/insights/052616/top-4-tesla-shareholders-tsla.asp
It’s over valued and Elon owns 51% IIRC. So if they kick him out, he sells it all and tanks the value even further.
He owns 13%. Still significant, of course. But it’s very unlikely he’d sell them just for payback, since that would massively impact his own wealth. https://www.investopedia.com/articles/insights/052616/top-4-tesla-shareholders-tsla.asp