• warm@kbin.earth
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    2 days ago

    His real value is in SpaceX, unfortunately Tesla falling doesn’t hurt him much, he only owns 13% of Tesla, but has 42% in SpaceX with much greater voting power. He could take a golden parachute from Tesla, forget about it and use corruption to funnel US funds into SpaceX.

    But one thing it does hurt severely… his ego.

    • klep@lemmy.dbzer0.com
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      14 hours ago

      I think that Tesla stock was very heavily tied into the purchase of Twitter. I’m having trouble finding a source right now after Lutnik just encouraged Americans to buy Tesla stock.

      So Tesla stock plummeting could have a huge influence on his ownership of Shitter.

      • ayyy@sh.itjust.works
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        1 day ago

        All the bullshit he’s causing makes me really want to move to the middle of nowhere and become Sasquatch, but then I would have to subscribe to Starlink to receive memes :(