Submitted by illjustcheckthis t3_zx5p8a in wallstreetbets
Nip_Sock t1_j22ar3x wrote
yep he is desperate,
it spooked him when his friend told him the company he worked for lost 98% of it's share price during 2008, he mentioned it on All in Podcast,
he also said don't use margin, the exact thing he did to buy Twitter, i think he never wanted to own Twitter, it was a quick pump & dump like Doge,
we might get a once in a lifetime chance to buy Tesla shares at pre covid levels,
it is unlikely Elon will ever buy his own stock,he gets to many shares for free as compensation,
2023 will be a bad year for vehicle sales and margin,
unless Tesla take the loan debt themselves,
they have the cash, a BNPL business model.
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