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49 comments
Stefan

@caseynewton giving trump a run for his borrowed money.

louisgray

@caseynewton would you say FSD stands for Full Self Dilution or Full Self Delusion at this point?

Cranky David

@caseynewton
on the plus side: he isn't done losing yet.

Sean C.

@caseynewton couldn’t have happened to a more deserving guy

Sean Harding

@caseynewton I volunteer to be second, if someone will first give me $201 Billion.

aburka 🫣 #SaveChandra

@caseynewton I'm sure it's just behind the couch cushions somewhere

Matt ⎊ :verified:

@caseynewton that’s what makes him the GOAT dot gif ✌️

Jess👾

@caseynewton Once those lawsuits start landing he has SO much more to lose.

Isaac Rabinovitch

@caseynewton Meh. He's still worth way too much. Because most of his net worth is Tesla stock which is *still* horribly inflated.

I say again, Tesla has 3% of the car market, GM has 15%. Yet Tesla is worth 8 times as much? Why?

Diane 🕵

@isaac32767 @caseynewton

Quite possibly twitter bots.

"In early November 2013, the news wasn’t looking great for Tesla. A series of reports had documented instances of Tesla Model S sedans catching on fire, causing the electric carmaker’s share price to tumble.

Then, on the evening of Nov. 7, within a span of 75 minutes, eight automated Twitter accounts came to life and began publishing positive sentiments about Tesla. Over the next seven years, they would post more than 30,000 such tweets."

latimes.com/business/story/202

@isaac32767 @caseynewton

Quite possibly twitter bots.

"In early November 2013, the news wasn’t looking great for Tesla. A series of reports had documented instances of Tesla Model S sedans catching on fire, causing the electric carmaker’s share price to tumble.

Then, on the evening of Nov. 7, within a span of 75 minutes, eight automated Twitter accounts came to life and began publishing positive sentiments about Tesla. Over the next seven years, they would post more than 30,000 such tweets."

Scott

@isaac32767 @caseynewton Because the market hates unions, and Tesla’s workers have yet to unionize.

Prokofy

@caseynewton Well, a billion here, a billion there, pretty soon you're talking about real money...

sasha

@caseynewton? Almost all of it was in overvalued Tesla stock, so he was never really that wealthy in the first place.

𝓝𝓸𝓪𝓱 𝓑𝓪𝓲𝓵𝓮𝔂

@caseynewton but like... where did it *go*? It's not like there's just another guy somewhere that just discovered 200B sitting there in the ashtray of their car. It was all speculative money that didn't _really_ exist in the first place, no?

Streeter Sweeper

@caseynewton money is just lines of code in the Matrix! At least that is what he is telling himself right now.

Kansas Grant

@caseynewton I flatter myself that my own near-abandonment of the bird site played some infinitesimally small role in that.

Peter Abraham

@caseynewton hahahaha. I'm disappointed you did not write that headline Casey.

Piousunyn

@caseynewton So Musk has moved from number one to what now?

Ruth Zakarin 🧶🪬😷

@caseynewton
Yet…
People still invest gobs of money in businesses he runs. While folks doing amazing work in communities across the country struggle with limited resources and scarce support. I have such a hard time with that.

Staid Winnow

@caseynewton And yet is the second richest person in the world.

Ehsan

@caseynewton everyone here seems to be conflating unrealized gains with actual money.

Itwasntme

@caseynewton I’d watch if he and Putin were the first two to meet in the large hadron collider.

Tim McElreath

@caseynewton Is that a lot? Because that seems like it might be a lot

Scenario

@caseynewton He didn’t lose it per se. He sold Tesla stock at three peaks and netted billions in realized cash gains. In doing so, he drained the retirement accounts of unsuspecting shareholders. Tesla shareholders lost billions. Not Elon Musk.

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