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Musk Melts Down as Tesla Stock Price Plunges (www.rollingstone.com)

submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 14 points 23 hours ago* (last edited 23 hours ago) (2 children)

Those headlines always make it seem like a big deal, but I'll only allow myself some joy when I'll know for sure Elon Musk will be homeless. Times and times again I've seen headlines like this, where billionaires are losing billions, the stock market is crashing, it's never been this bad!!! But in the end, they eventually get those billion back and nothing changes.

[–] [email protected] 3 points 23 hours ago

I agree with you. Musk alao has a long history of manipulating Teslas stock prices up and down for his own eventual benefit.

[–] [email protected] 2 points 23 hours ago

He won't be homeless, but most of his 'wealth' is just the value of that stock. The lower it is, the less of a threat he is.