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Business, Economics, and Taxes: Capitalism. Yay? >=(

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Handyman said:
3Ms deal won't hurry crypto that much (outside of Bitcoin) because many are getting away from mining anyways. Hucksters always have the next scam ready...
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They still require computation and cooling. Regardless of how you verify the chain. And Bitcoin makes up like 45% of the marketcap of crypto. That's a LOT.
 
Deutsche Gopher Fan said:
Tesla stock is having a great day

(insert Ron Swanson giggly face)
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Down almost 10%!

parks-and-rec-ron-swanson.gif
 
If I'm seeing the details correctly and assuming he got the same terms as back in like April or may, if his shares drop 35% from close (Oct 28th?) then he could get called. we're at about -44% since October 28th.

Jesus Christ. This could be a bloodbath. He could get margin called any time. If that happens the price could fall further and cause his other non-Twitter lions to get margin called as well. Jesus. He's at risk of some really bleak things.
 
dxmnkd316 said:
If I'm seeing the details correctly and assuming he got the same terms as back in like April or may, if his shares drop 35% from close (Oct 28th?) then he could get called. we're at about -44% since October 28th.

Jesus Christ. This could be a bloodbath. He could get margin called any time. If that happens the price could fall further and cause his other non-Twitter lions to get margin called as well. Jesus. He's at risk of some really bleak things.
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yes-very-sad-anyway-loki-sad.gif
 
dxmnkd316 said:
If I'm seeing the details correctly and assuming he got the same terms as back in like April or may, if his shares drop 35% from close (Oct 28th?) then he could get called. we're at about -44% since October 28th.

Jesus Christ. This could be a bloodbath. He could get margin called any time. If that happens the price could fall further and cause his other non-Twitter lions to get margin called as well. Jesus. He's at risk of some really bleak things.
Click to expand...
oh-no-anyway.gif
 
Tesla stock down another 1% today. Tell me...is this good?

Fkrjiw3acAA3a2c


Losing 65% of your share price in exactly one year is one way to lead a company I guess...I mean it was overpriced before but not enough to warrant this type of correction.
 
He’s also alienated his customers. I saw one guy say he feels like he’s driving around with a fake ball sack hanging from his back bumper every time he takes his Tesla out
 
Handyman said:
Tesla stock down another 1% today. Tell me...is this good?

Fkrjiw3acAA3a2c


Losing 65% of your share price in exactly one year is one way to lead a company I guess...I mean it was overpriced before but not enough to warrant this type of correction.
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I think I’ve mentioned it before, but I have a long bet with a friend. I predicted that Tesla’s P/E would never be within a standard deviation of the distribution of the S&P 500’s PE ratios. I’m getting dangerously close to losing, but I think Tesla’s earnings will go negative before the stock slides another 40-50%.
 
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