this post was submitted on 26 Jul 2023
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[–] picassowary@lemmy.world 4 points 2 years ago (2 children)

i do think there is a (unlikely) scenario where tesla’s value begins to shrink which causes a significant liquidity problem for twitter since there is no way the site is generating meaningful revenue now, but i think that kind of speculation is pointless in the end since who knows what similarly rich doofus he could get to bail him out.

tesla will be bought by one of the big guys when they collectively take all of teslas marketshare with affordable, repairable, un-recalled versions of its products.... someone will want the name. it certainly wont be for the manufacturing lines.

[–] jerrimu@lemmy.world 2 points 2 years ago

The loans are due soon, and were guaranteed by Tesla stock, so it’s fairly likely.