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[–] 5 points 1 year ago (4 children)

YAAASSSS!! I love to think of him losing money without money his influence plummets

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  • [–] 11 points 1 year ago (2 children)

    It's almost better than losing money. He put up a certain amount of Tesla stock as collateral for the loan (essentially) to buy Twitter.

    So if Tesla's stock tanks, those creditors will be able to claw more stock away from him. If it tanks enough, he's in hostile takeover territory.

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