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Originally Posted by Buehler445
Ouch. A $20M tweet? Essentially $40M if he has most of the stock. Yikes. I was wondering what went on when he said he stepped away from Twitter on Rogans podcast.
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It's going to cost him way more than that.. this is just the government. Damaged investors and their vampire like lawyers will be on this for years.
He's not that liquid wealthy, Daface. He's fairly levered into his Tesla ownership by all accounts. Dunno, what 20 million does but there is a reason he's far more worried about short sellers than most execs. He could be margin called if Tesla drops to the low 200s from what I've read. If I were an investor I'd think it was pretty neat an executive was willing to risk so much. Dudes all in to some extent