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A comment on Tesla conducting more layoffs, including entire Supercharger team. Parent comment

Re:Tesla conducting more layoffs, including entire Superchar... by leereeves on Tuesday April 30, 2024 @03:37PM (#40215309)
I wonder if there's a slight possibility that Musk stopped caring about Tesla's long term success when his payment was cancelled, and he is now willing to temporarily inflate the price and dump the stock.
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Re:Tesla conducting more layoffs, including entire Superchar... by rchaud on Tuesday April 30, 2024 @04:56PM (#40216240)
I imagine he staked quite a bit of Tesla stock as collateral for the many billions in loans still owed for the Twitter purchase. If the stock value declines too much (down 35% this year), his creditors will want a higher interest rate to reflect the higher risk of default.
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