The funny part is that Tesla-stocks aren't actually tanking. [View all]
Tesla-stocks are at the same level that they had been from 2021 to October 2024. They went up massively in October 2024 when Musk threw in with Trump, due to hype.
Tesla-stock was artificially pumped up by MAGA-hype. And now the stock is simply correcting back to a more realistic value (which is still drastically overvalued when judging Tesla by the same metrics as other car-companies).
So, why the panic? Why is Musk panicking?
Because he uses his Tesla-stocks as collateral for loans. Because he uses Tesla-stocks to pay out.
Musk assumed that the hype of October 2024-February 2025 would be permanent and he geared his financial decisions accordingly. He spent money THAT HE HAD COUNTED ON TO HAPPEN but the problem is that this profit simply didn't materialize.
That's why Musk is panicking: He has overspent. He has stretched himself financially too thin. With loans and investments that he suddenly can no longer cover. And if word gets out that Boy Wonder, real-life Tony Stark, the Genius, the man who will revolutionize space-travel, the man who will bring us to Mars, the Man who will bring us robo-taxis, the man who will bring us AI-robots, is in financial trouble and CANNOT DELIVER on the wild promises of future success that keep the investors from demanding hard results.................................
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