• skozzii@lemmy.ca
    171·
    20 hours ago

    Tesla is losing a pile of cash, anyone know how low it needs to go until Musk is going to get a margin call and the whole thing comes crumbling down? He has leveraged himself to the max.

    • P03 Locke@lemmy.dbzer0.comEnglish
      5·
      14 hours ago

      Tesla isn’t really losing anything except a bunch of fake market value. It was incredibly overvalued, and now this market correction is sorting itself out.

      • YarHarSuperstar@lemmy.worldEnglish
        1·
        2 hours ago

        Idk man. I’m kind of worried that this is the start of a big economic recession due to isolationist, regressive, accelerationist etc policies by far right govts.