I'm curious what's going to happen if banks start calling Leon's loans since Tesla stock isn't going to be enough to cover his loans at some point, probably pretty soon.
this post was submitted on 26 Apr 2025
506 points (98.3% liked)
News
29127 readers
4203 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Iirc the magic margin call number is $120/share or thereabouts. Once Tesla hits that, Elon's position gets liquidated.
Damn. Wish I could not buy his shit even harder.
load more comments
(1 replies)
Elon's entire career is about creating hype with the help of his loyal sycophants and then profiting off it.
Sinking companies is the only thing I'm actually good at!
Ketamine does cause brain rot
Elon Musk vowed to refocus on Tesla
issue is - he should have done that 2-3 years ago. now its too late
Due to sheer china cars velocity - he cant catch up.
Even if one of his ideas were to apologize for the nazi salute I think the "saving Tesla" ship has sailed.
Bail out and never come back. Only way else Tesla is done.
There is one very easy way to save Telsa. Musk needs leave and divest. The company can’t have anything to do with him anymore.
Well that's guaranteed bankruptcy.
He owns 20% of an extremely overvalued meme stock (market capitalization of Tesla = almost all top 10 car manufacturers COMBINED), if he dumps them, then everyone will get margin called
And any other CEO would not be able to pump the meme stock telling the "self driving in 6 month" lie for years and years without being indicted for stock manipulation
without being indicted for stock manipulation
The SEC is dead and he has presidential pocket pardons.
load more comments
(1 replies)
Bezos car company is a lot more practical. I just wish it wasn’t bezos.
He also threw a bunch of money into Rivian. He’s basically investing in companies that can make a a delivery truck that is cheaper to run and maintain.
load more comments
(1 replies)
load more comments
(4 replies)
Did he try to carry a sink into Tesla?
xAI will bail tesla out.
Wouldn't it be the other way around? I think Musk would rather have TSLA ~~bagholders~~ shareholders prop up his private companies, of which he likely owns a higher percentage than Tesla. The pitch could be that xAI has what Tesla needs for some of the vaporware he keeps promising and that Tesla should therefore acquire xAI.
load more comments
(1 replies)
Sorry bud, EVs were championed by reasonable people with stable government jobs. You fired them yourself congratulations you are your own worst enemy.
one thing to consider is that tesla does not make its money by selling cars, but by selling carbon credits to other companies
It's a major part of their profit margin, but even with their decline this quarter, they'd eek out a profit without it.
https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/
In Q4 2024 alone, Tesla earned $692 million from selling regulatory credits or carbon credits, accounting for nearly 30% of its quarterly net income of $2.33 billion.
At least for now, they're keeping their financial head above water even without carbon credits. Of course, no business would willingly throw away 30% of its net income.
The big thing for them is that those credits are free profit. Other car companies have to buy them to make up for their ICE cars. Tesla doesn't sell a single ICE car, so everything they make comes with a credit. Mind you, as the market transitions away from ICE, those will naturally evaporate from the company's ledger.
load more comments
(2 replies)
load more comments
(2 replies)
He hasn't shot any migrants from his window in the morning. Maybe shoot migrants from your window? I don't known, that's the part I remember most about Schindler's list.
That could boost sales right?