r/Anticonsumption 4d ago

Corporations Elon Musk Loses a Billion Dollars Every Time the Tesla Stock Drops by $2.43

https://www.ibtimes.co.uk/elon-musk-loses-billion-dollars-every-time-tesla-stock-drops-243-1732298
95.9k Upvotes

1.5k comments sorted by

View all comments

27

u/thatnjchibullsfan 4d ago

So 2 billion today! Yay!

2

u/_Christopher_Crypto 4d ago

Don’t look now!!!!!

2

u/gittenlucky 4d ago

Looks like he is up $6B today.

1

u/NotAnotherRedditAcc2 4d ago

Currently up 5% on the day. What are you talking about?

9

u/RoastAdroit 4d ago edited 4d ago

Because every time it goes down they manipulate it back up with bullshit announcements.

This is why logic and data never really work with stocks tied to public attention. Data says sell, announcements say buy.

Is he really stepping away or stepping into the shadows?

I honestly dont know if these guys are idiots or just laughing their way to the bank as they make waves in the stock market knowing exactly when to buy and sell beforehand.

2

u/United-Prompt1393 4d ago

"They" as in the market?

2

u/Separate-Purpose 4d ago

All because of rumors that he's leaving Doge lol. Wild, I guess all the backlash and him losing Wisconsin had its effect.

0

u/celestial-navigation 4d ago

Today has just been full of good news for a change.