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188 points zfg | 2 comments | | HN request time: 0s | source
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snapcaster ◴[] No.43470829[source]
This is so weird, did he miscalculate how intense the backlash would be? or he truly doesn't care?
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pclmulqdq ◴[] No.43470931[source]
Elon Musk is mostly out of his Tesla position. He doesn't need that contribution to his net worth any more, and getting status with the Trumpian right was worth it. His Tesla holding is worth only $70B right now, and like the rest of the executives, he has been dumping stock as fast as possible onto whoever wants to hold the bags.
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1. ZeroGravitas ◴[] No.43471124[source]
He's still suing to be paid $55 Billion by Tesla, which is far more than they've generated as profit and will be for years even if it weathers this particular storm.

I've yet to see any good writeup on how this recent trouble would affect the legalities of that lawsuit.

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2. pclmulqdq ◴[] No.43471870[source]
Tesla has made about 8 million cars and is "worth" about $800 billion. $100k per car. Everything about Tesla is completely divorced from reality.