6 Comments
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Mike's avatar

Great summary of what Elon’s doing. I hadn’t realized just how good a move this was for him.

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Chad Black's avatar

Love those numbers. Keep it up

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Georoc01's avatar

Seems like if this was about portfolio diversity, why not buy the Denver Broncos? Owning an NFL franchise is a license to print money. No one has lost money owning an NFL franchise.

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David Ramsden-Wood's avatar

They aren’t $43 billion. Elon has to sell $170 b in a public way with a “risky” buy to justify him not using margin. The Broncos would be hard to explain why margin wasn’t acceptable… with Twitter a margin call makes him lose his controlling interest. The cries of the left about his ownership are enough to justify a full cash buy.

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Dawn's avatar

Thank you David. This helps make more sense out of all of this. Love that brain of yours ..seems it’s keeping up with Elons..keep those neurons pumping and orbiting …we need to see more..MADE IN AMERICA!

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Dave M's avatar

Nice piece David. Elon is a slick operator. Sort of the PT Barnum-not a perfect analogy, of our time. As the owner of a 2016 Mustang GT, I just feel bad for the buyers of the MachE. Once again Ford has lost sight of what made this car great, sort of an early 80's malaise. No question TSLA is over-valued, but perhaps they've acheived aspirational status-it's EV you want if you can afford it. Cheers

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