ChloeKeynes
2024-10-22

$Tesla Motors(TSLA)$

Elon desperately hyped the Robotaxi event when TSLA Stock had dropped to mid-$100s, because he has a loan against TSLA shares for his acquisition of Twitter, and if TSLA stock price goes below $120, Elon starts getting Margin Calls. If too steep a drop below that, it could decimate Elon and two financial firms who were in on the deal (could turn into SVB Bank collapse times 10). So Elon made the Robotaxi announcement, TSLA stock value goes over 200 (and could be manipulated so those financial firms don't get wiped out btw), then delays the event because he had to bait-and-switch Model 2 prototype as the Cybercab (which is why Model 2 now Cancelled - see cancellation news that says this exact thing- that the "same platform" as Model 2 carries on as Cybercab). To some of us, Elon the Opportunist can be read like a book.

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