Tesla Takedown – a grassroots movement that aims to bankrupt Elon Musk by hammering Tesla’s share price, intending to induce a margin call on the mega-billionaire’s X-related debt – organized massive protests across the globe at Tesla dealerships on Sunday. Yet, Elon Musk has very shrewdly eliminated any possibility of a margin call, which speaks volumes as to the futility of the movement’s end goals. The #TeslaTakedown movement is pointless because 1) Musk only owns 13% of Tesla so you’re hurting 401Ks more than Elon 2) Even if Tesla went to zero, Musk would still be worth 200B ($135B from […]
Read full article at https://wccftech.com/elon-musk-has-completely-eliminated-the-possibility-of-a-margin-call-on-his-tesla-stake-yet-the-tesla-takedown-protesters-continue-to-try-to-hammer-the-stock/
