Earlier quoted context omitted.
The message over the past week has been pretty clear -- the rules change without notice and will be changed based on what pisses elon off. That make Twitter now a niche message board. All of the elaborate justifications and explanations for buying Twitter and what was going on wrong over there while it was public have been thrown out the window, no matter what your point of view was. The fact that this most recent on…
> Elon might be getting margin called on Tesla right now, which could wipe him out financially. I don't think this is how margin calls work. Presuming your broker is properly managing risk, then a margin call is explicitly designed to not wipe you out financially. You have to put up more capital or sell positions in order to maintain a certain amount of equity in your account, and that required amount is never zero (…
In order to get the loans for this he wound up putting up a ton of Tesla stock. He won’t be poor, but he could possibly lose control of Tesla and likely by extension things like space x.
He’ll likely never be poor but he’ll lose his relevance