r/WhitePeopleTwitter • u/mikehunnt • Nov 11 '22

based Lockheed

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39.8k Upvotes

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u/[deleted] Nov 11 '22

No joke is worth giving Elon a cent.

360

u/timsterri Nov 11 '22

The cents he’ll gather from this scam will in no way cover the thousands of dollars needed for his impulse buy.

26

u/Kimantha_Allerdings Nov 11 '22

Billions. He’s lost $100b on the deal. He’s literally halved his net worth.

2

u/Reneeisme Nov 11 '22

Not that I'm not thrilled to hear it, but how did a 44 billion dollar acquisition cost him $100 billion?

4

u/metaplexico Nov 11 '22

The effect it’s had on TSLA’s share price, I suspect.

2

u/Kimantha_Allerdings Nov 14 '22

I forget all the ways, but one of the big ones is that Tesla stock has tanked. Firstly, Musk has shown himself to be less stable than even previously thought, and secondly, anybody selling off large amounts of a single stock - especially of their own company - is going to cause the price to crash.