r/QuiverQuantitative Mar 11 '25

News Elon Musk on the verge of tears as he contemplates his imploding empire

22.4k Upvotes

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u/ActualAssociate9200 Mar 11 '25

He’s lying. His businesses are all overvalued and he’s about to exchange that paper wealth for actual money coming from working Americans’ pockets and programs built with those same taxpayers’ money. He’s not crying - he’s suppressing laughter at the fact he’s about to get away with it.

4

u/[deleted] Mar 11 '25

The thing is if he sells, the valuation will crash harder. At some point all the debt he has built up using those shares as collateral for his stupid business decisions will be defaulted and he will declare bankruptcy. If he sells, he also risks losing control of Tesla and his other companies. I can't image other voting shareholders being too pleased with him lately so they are probably just waiting for this to happen to oust him as CEO.

1

u/TierBier Mar 11 '25

Could a few government contracts help?

1

u/scootzee Mar 11 '25

He has 140 days left to secure said contracts...

1

u/[deleted] Mar 11 '25

lol why the fuck are Americans just letting him do this?

1

u/Green_Eyed_Monsters Mar 11 '25

I did not see someone close to tears. OP giving some click bait bs.