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Budi

(15,325 posts) Wed Apr 27, 2022, 09:58 PM Apr 2022

11

Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears [View all]

Link to tweet

FORBES:
https://www.forbes.com/sites/jonathanponciano/2022/04/26/tesla-stock-plunge-wipes-out-128-billion-in-value-as-twitter-deal-sparks-fears/?sh=5e7d162676f7
Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears

Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes.
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Maybe he was really just after that proposed "Billionares Tax", which would actually become a "Billionares Tax Break" by giving Elon Musk a massive tax break because, according to some people's logic, the market's selloff of Tesla stocks "lost" Musk billions.
You can't tax unrealized gains if you don't give a tax break for unrealized losses.

13 replies

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Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears [View all] Budi Apr 2022 OP

Should make lots of folks happy. As to tax, seems easiest way is to require them to sell a portion Hoyt Apr 2022 #1

Musk rso Apr 2022 #2

I've seen some of the same. Budi Apr 2022 #3

Hi.. I thought he already did Cha Apr 2022 #4

He put in a bid and the board accepted it Marius25 Apr 2022 #5

Got it.. Thanks! Cha Apr 2022 #6

Wonder if he can still back out without it costing him? Budi Apr 2022 #7

lol.. I was thinking along Cha Apr 2022 #8

Well Cha, Powerball lottery is at $425 million tonight! Budi Apr 2022 #9

💙Best of Good Luck, Budi!🤷‍♂️ Cha Apr 2022 #12

Aww. We didn't win 425 million $. Budi Apr 2022 #13

Odin hear my prayer: Ego does buy Twitter, takes on the debt: and then for the EU to Comfortably_Numb Apr 2022 #10

Isn't much of is wealth borrowed billions MerryBlooms Apr 2022 #11

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