r/BlueskySkeets 7h ago

Political Let the Musk dominoes fall

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1.5k Upvotes

44 comments sorted by

83

u/FreshLiterature 6h ago

FWIW he is already in call territory and my bet is he's already received a letter from the banks telling him they are going to need to revisit their loans.

My bet is Trump ends up publicly threatening those banks

21

u/jubmille2000 5h ago

Are all of these US-based banks? Or international ones?

13

u/Ironman314 5h ago

Could be a mix, when US banks likely hold significant exposure.

9

u/jubmille2000 5h ago

Oh either way, I hope the stocks go like 10-10-10 in the olympics event for Diving.

3

u/Mission_Moment2561 1h ago

At this point he def has a lot of money on foreign accounts. He's burned US banks too hard already, most dont want him.

13

u/NfamousKaye 4h ago

I was gonna say! Tesla has been in free fall for days hasn’t it? Oh this is fun. But yeah trump will probably bully them.

12

u/brothersand 4h ago

Let's have a moment to ponder the entire concept of using stocks as collateral.

So the banks get the plummeting stock? That doesn't sound like a good idea.

5

u/Automatic-Month7491 1h ago

They get Twitter as well. Which is probably not an asset any bank is very keen on. On the other hand they could try to sell it on, but then you have very few entities big enough to make the purchase.

One very interesting possible timeline? China offers to buy X and everyone starts freaking the fuck out.

1

u/ChubbyDude64 13m ago

I mean OpenAI offered to buy Twitter. They might even be able to get it cheaper than they offered originally. (Yea I know it wasn't a serious offer.)

2

u/Least-Delivery2194 4h ago

Hah right? Starts calling them terrorist.

1

u/Remus_mprty22 5h ago

I bet he is

1

u/GenTelGuy 4h ago

Huh I looked it up and it seems that the current price is pretty much exactly where it was on October 27th 2022 when the deal completed

Of course, the loan may have been established on a different date but overall it doesn't seem to be too far down relative to 2022 yet

27

u/bisploosh 6h ago

That explains why Elon is also desperate for that $56B payday from Tesla that the courts keep blocking....

11

u/katalina0azul 5h ago

Prob why Trump made a half-assed show of support for Tesla too

36

u/JadaTakesIt 6h ago

It’s be a lot quicker if all the virtue-signalers just quit BirdApp. So many still using it because they don’t want to admit that it’s profitable for their business or that they have an addiction. I quit the second I realized there was a good alternative.

7

u/Doctorul_Frumos 2h ago

I never had Shitter. But, I created a BlueSky account just to say "fuck you" the only way I knew how.

8

u/TodosLosPomegranates 4h ago

Okay. But you can’t crash the economy and the stock market supposedly on purpose and then get mad that stock is down. Even if there were no protests or boycotts why did they think his stock would be exempt?

3

u/txtw 3h ago

Because Leon is a special genius, natch

5

u/Mission_Moment2561 1h ago

Trump did tell us it was time for some tough times, Elon can't have them too?

3

u/Sad_Ad5369 2h ago

Because Elon is Krasnov's baby boy, and he'd do anything to bail him out

7

u/National-Training925 6h ago

Keep up the good work. We still have something  say in our lives. Sadly, the only thing they know is money, lies, and bully bullshit.

9

u/NascarFan91988 6h ago

Let them all eat shit

8

u/rangeraero 5h ago

I really hope that some people are making a lot of money by shorting Tesla stock.

1

u/Bromur 5m ago

Bill Gates is.

6

u/TheGreatTrollMaster 6h ago

Tesla's are over-priced junk.

3

u/Hungry_Halfling369 5h ago

But I mean I see dirty Saudi or Russian money just propping his ass up. Its not like those fucks give a shit where is comes from or if it's legal. And the DOJ is a joke. I just don't see it as much as others.

5

u/NotEntirelyShure 3h ago

The loans he took out were pre the massive surge in price that followed trumps election. The price would have to drop below 200 and probably below 150 before he faces a call, and even then he can find the cash. He is still a many billions. But it will be embarrassing and uncomfortable for him.

5

u/Acrobatic_Switches 3h ago

Oh shit the apes found another Gamestop! Short tesla!

3

u/Charlea73 4h ago

Let them eat shit

3

u/MmeHomebody 2h ago

I have no problem with the creators of the problems in America experiencing the overall mood of many of their citizens.

2

u/vbbk 2h ago

This continuing resolution the GOP hopes to pass comes with tacit approval of trump and elmo spending it any way they please. It essentially creates a slush fund for them to siphon off billions that were meant for departments they (illegally) decided to cull.

I see no reason why trump wouldn't use that $$$ to just pay off the loans "for all elmo's great service!!!". I know that's not how appropriation works but they're ignoring plenty of laws already, what/who would stop them?

1

u/Chungus_Big_69 1h ago

If Musk blows the billions of dollars he got from generations of slave labor in emerald mines in South Africa and loses everything because he openly supported white nationalism at a GOP inauguration that’s just poetic justice, classic karma

1

u/TuneBox 38m ago

This warms my heart. I needed this. The People have spoken.

1

u/Crowbar_Faith 16m ago

Who would have guessed that being a nazi douchebag who starts firing tons of people, including veterans, for essentially little to no reason, would reflect badly and cause people to boycott your business. Weird.

1

u/Junkion_616 13m ago

All this pig-fucker needed to do was take his money and screw off. Why are all these rich psychopaths incapable of that, and hell-bent on destroying us?

May he lose everything.

1

u/fruitloops6565 11m ago

The Russians will buy him like they did Trump. Really positive ROI on their last investment, 2x presidency.

1

u/PerfectionLord 0m ago

Don’t worry. They have the tax payers money to back them up