Elon Musk asks Twitter if he should sell 10% of his Tesla stock

[NaijaProdigy Redux]

Can’t be that many

why did you vote no?

I didn’t bother voting but I’m a shareholder.

 

[Neo. The Only. The One.]

Wealthy people don't need liquid cash

He got cash in the bank somewhere breh even if he aint using it. The stock could plummet tomorrow.

I dont believe that these folks ain't got some cash stored up for a break glass in case of emergency situation.

 

[Neo. The Only. The One.]

it’s one of the ways they avoid taxes

See above

 

[EBK String]

He got cash in the bank somewhere breh even if he aint using it. The stock could plummet tomorrow.

I dont believe that these folks ain't got some cash stored up for a break glass in case of emergency situation.

He has real estate and other assets he could sell or use as collateral for a loan.

 

[SleezyBigSlim]

Sounds like Elon lives in stock options and dividends must be nice to be rich

 

[Taco]

He got cash in the bank somewhere breh even if he aint using it. The stock could plummet tomorrow.

I dont believe that these folks ain't got some cash stored up for a break glass in case of emergency situation.

With inflation rising it makes no sense for a billionaire to have liquid cash. Do I believe he has $0 in his account, naw but I bet it’s a lot lower than you think. Plus who isn’t going to give Elon a loan if he asked?

 

[CrimsonTider]

I don't believe that he doesn't get a check from anywhere.

Come on son

Wealthy people don't need liquid cash

With inflation rising it makes no sense for a billionaire to have liquid cash. Do I believe he has $0 in his account, naw but I bet it’s a lot lower than you think. Plus who isn’t going to give Elon a

People loan if he asked?

People with insane Networth like Musk just use loans from the bank to live off of and they pay it back from their estate when they die

that’s how they avoid taxes and yes he needs liquid cash

 

[Neo. The Only. The One.]

He has real estate and other assets he could sell or use as collateral for a loan.

You're in a fantasy world if you think that man doesn't have some cash somewhere in a bank account.

 

[R.E.N. Spells Ren]

You're in a fantasy world if you think that man doesn't have some cash somewhere in a bank account.

lol @ you morphing this discussion from Elon doesn’t get a check to Elon doesn’t have cash. Just admit you don’t know what you’re talking about.

 

[SadimirPutin]

Also it's interesting threads about The 1% and Mega Corporations avoiding paying billions in taxes gets barely any views but we had like 3 separate 20+ page threads on hypothetical checks to migrants

many people on here are wealth sycophants so that is just par for the course

 

[Neo. The Only. The One.]

lol @ you morphing this discussion from Elon doesn’t get a check to Elon doesn’t have cash. Just admit you don’t know what you’re talking about.

Below is the point I was attempting to make. I was distracted while posting so I admittedly didn't fully explain what I was saying.

My point was that even the most wealthy folks get liquid cash and store it somewhere. If he gets a loan, he stores that loan somewhere so that he can use it for whatever he needs it for.

People with insane Networth like Musk just use loans from the bank to live off of and they pay it back from their estate when they die

that’s how they avoid taxes and yes he needs liquid cash

 

[Sonic Boom of the South]

fukk that dusty cac
And the lie that is Tesla and Space X

 

[killacal]

. The stock could plummet tomorrow.

.

 

[goatmane]

 

[goatmane]

Musk bro sold $100 mil of stock right before Elon retweeted... hmm

Kimbal Musk Sells 88,500 Shares of Tesla, Inc. (NASDAQ:TSLA) Stock