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re: Investing In Tesla
Posted on 4/27/17 at 11:49 am to dabigfella
Posted on 4/27/17 at 11:49 am to dabigfella
You may want to check how much of his net worth is tied up in Telsa stock. You think there's cheap cash now, and there is, but it dries up immediately when there's a crunch, or worse, a crash. When both factors are correlated so directly, there's no Musk bailing it out if it's in a freefall.
1
Posted on 4/27/17 at 11:53 am to Novae
I know exactly how leveraged he is, but again tencent owns 5% and they're flush with cash, and when it comes to a cash crunch investors are more likely to buy a secondary from tesla than they are from some other co. Tencent would do a private offering if need be, bottom line is cash is the least of worries and bears who have had that concern have been killed to this point.
ps i feel honored that you've made 20 posts over the last 12 years and I just witnessed one
ps i feel honored that you've made 20 posts over the last 12 years and I just witnessed one
This post was edited on 4/27/17 at 12:03 pm
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