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Elon Musk says he wants 'zero' tariffs between the US and Europe
(www.businessinsider.com)
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this post was submitted on 05 Apr 2025
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What happens if it does?
He took loans against his tesla stock to buy Twitter. If the value of that stock gets low, The banks or whoever will ask for their money. They could also sell the stock to try and recuperate some of the money and that will cause tesla to drop. Which will cause investors to sell and it's a spiral until hopefully he's broke. Thata why hes crying about the protests, telling his workers not to sell their stock, and having trump and his propagandists say support the asshole buy a truck!
How is this affected by him selling X to his AI company? I know banks don't like letting you off the hook, but I also know banks do things differently for rich people. I figured that was the reason he did it in the first place.
This is something I was curious about. I figured there was some kind of financial trickery happening with that deal.