Re:Tesla falls after Commerce secretary recommends buying stock
by wraaath on Thursday March 20, 2025 @01:03PM
(#43425801)
One other thing that hasn't been heavily talked about: What $/share on TSLA will trigger margin calls on the massive loans that Musk took out collateralized by his TSLA stock. Once those get triggered, the snowball effect of market sales by the loan holders will accelerate the downward price trajectory.
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Re:Tesla falls after Commerce secretary recommends buying stock
by disqard on Thursday March 20, 2025 @01:47PM
(#43426439)
As much as I want his house of cards to implode, I'm worried about contagion.
I'll never forget how his Twitter mass-layoffs initiated that same practice to spread throughout the tech industry (yes, it was coming, but he did "cast the first stone").
For better or worse, what Elon Husk does today, the rest of the stock market does tomorrow.
Re:Tesla falls after Commerce secretary recommends buying stock
by jqpabc123 on Thursday March 20, 2025 @04:23PM
(#43428445)
I'm worried about contagion.
Too late. Wall Street has been infected with MAGAtts.
The other day I read where some analyst said he maintained a "buy" rating on Tesla because he worried doing otherwise would hurt the administration's image.