• skozzii@lemmy.ca
    0·
    1 month ago

    Tesla is losing a pile of cash, anyone know how low it needs to go until Musk is going to get a margin call and the whole thing comes crumbling down? He has leveraged himself to the max.

    • TronBronson@lemmy.world
      1·
      1 month ago

      Im pretty sure it was $167. He had crossed the margin threshold once before in 2022. I’m guessing Morgan Stanley picked up some shares and dumped them. 140-167 if memory serves. Im snagging 100p for next year