CharlesDarwin@lemmy.world to politics @lemmy.worldEnglish · 8 hours agoEarly Results Suggest 473 Million Dollars’ Worth of Buyer’s Remorse for Elon Muskgizmodo.comexternal-linkmessage-square38linkfedilinkarrow-up1238arrow-down10
arrow-up1238arrow-down1external-linkEarly Results Suggest 473 Million Dollars’ Worth of Buyer’s Remorse for Elon Muskgizmodo.comCharlesDarwin@lemmy.world to politics @lemmy.worldEnglish · 8 hours agomessage-square38linkfedilink
minus-squareneidu4@piefed.sociallinkfedilinkEnglisharrow-up4·4 hours agoHe has a net worth of a trillion, it doesn’t mean he has that sort of liquidity all the time.
minus-squareMyVeryRealName@lemmy.worldlinkfedilinkarrow-up2·4 hours agoCan’t he just pledge his stocks to the bank?
minus-squareneidu4@piefed.sociallinkfedilinkEnglisharrow-up1·4 hours agoKind of, but his stocks are most likely already leveraged, plus it does incur an interest. Plus, the loan has to actually be paid back in full.
He has a net worth of a trillion, it doesn’t mean he has that sort of liquidity all the time.
Can’t he just pledge his stocks to the bank?
Kind of, but his stocks are most likely already leveraged, plus it does incur an interest. Plus, the loan has to actually be paid back in full.