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@scaramanga a key point is "#Musk’s net worth is massively overvalued. He owns and runs several companies, but his wealth and claim to be “the richest in the world" is tied up in #Tesla, itself a company with a significantly inflated stock price. This is a bubble that has been waiting to pop, and we can be the needle." Musk lives off huge loans that would be called in if the Tesla share price dips, forcing him to sell Tesla stock, causing the price to fall further and bingo, he is bust!

Cassandrich

@dominic @scaramanga Part of the problem I think is that no one wants to call in the loans because they know Tesla stock would tank, and they stand to get hit by huge losses to when it does. It's all criminals propping up criminals because they know when it bursts they're all screwed.