Musk has now sold $15.4 billion worth of TSLA shares since agreeing to buy Twitter.
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Elon Musk cashes in $6.9 billion of Tesla stock, just in case
- Thread starter JournalBot
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Perhaps the roller coaster of his mental states does have some sort of scheduled flat areas. If someone can figure out the specific times of year when he is sober and clearheaded enough to make sensible decisions (like this one seems to be), there's money to be made.
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Sounds like he might actually be listening to his lawyers who're no doubt telling him he doesn't have a snowball's chance in Hell of winning in court.
Time to face reality Elon...
Time to face reality Elon...
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While the agreement was made - I really don't want Elon owning Twitter and The Donald getting his megaphone back in time for 2024. If he's elected again (or cheats to reverse another loss), its over for democracy in the U.S..
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That sounds like something he should have thought about before waiving due diligence.
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Being president is nothing more than a Get Out Of Jail Free card to him.
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Let's hope like hell that yesterday's news of the FBI search portends criminal prosecution as soon as possible.
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The best thing he could probably do is have Twitter take those 7b and have everything go away.
The billionaire version of doing a fender bender on dad's car.
The billionaire version of doing a fender bender on dad's car.
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Everyone thought it was a sure Hillary win in 2016.
Trump came within 60k votes of winning in 2020.
He's competing against democrats, the pre-eminent losers of winnable elections.
Dems will be running either someone new, or a not-particularly-charismatic 82-year-old who has been presiding over mostly bad news for 2 years so far.
Trump will hopefully be old news (or R's with ambition will beat him in primaries), but it could happen. Or you might get DeSantis, who is Trump but with the actual capabilities of running government.
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I really hope your right, but his votes for 2020 were the 2nd highest number in history (behind Biden's), even after that terrible stuff he did, throw in a lackluster or down for whatever reason Democratic candidate and I have no faith he doesn't get it (or cheat via the states - notice all those deniers for AG slots in purple states recently selected - to have it thrown into the House where the GOP would cinch it).
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When Trump ran the first time, my exact thought was" Trump will never get elected."
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Don't worry Tesla fans he just has to sell now in case he needs to sell later, not him dumping on people who will buy at any price at all
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IncorrigibleTroll
Ars Tribunus Angusticlavius
There's the ongoing investigation in New York about whether he committed tax or bank fraud with inconsistent valuations of his assets.
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There are not many things one can receive the federal death penalty for in America. It's pretty well limited to treason (levying actual war is the standard), espionage (depends on the documents, this could be damning if he took foreign money and passed anything they can prove), and a handful of other cases like murdering a court officer or a witness (ordinary murder doesn't even rise to the level of the federal death penalty that I'm aware of).
If he's executed as a foreign agent, he can't run for President.
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I'd barely noticed. They're virtually indistinguishable at this point.
Also, DeSantis is a lunatic, but a very popular one.
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He lost by 7 million votes last time. He'd lose by more next time, if he isn't already in jail.
He may simply be disqualified from ever running if he gets convicted of removing classified documents which is what the Mar a Lago raid yesterday was about. It's an easy conviction and disqualifies him from ever holding office again.
Plus his teasing about a possible run is just a way to grift more money from his cult.
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I think that would have been true before he was elected. However, now that he has had a taste of 4+ years of the hero worship that he craves, I think he is far, far more terrified of falling back into obscurity than any threats of jail. The only person who matters in Trump's universe is Trump himself so he will do anything to stay the center of attention and in a place where folks are forced to pay close attention to him and he is always in the news.
So this next election is going to be the mother of all shitstorms with Trump and his cult followers doing anything they can to get him back into office for at least one more term. I'm not sure that he is going to even be willing to step down if he won another term. 2 term limit be damned.
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More relevantly, it looks like Elon is selling stock while the price is relatively good, since he may be recognizing that he's F'd in the Twitter deal.
Too bad, so sad.
Too bad, so sad.
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Which, of course, is a very strong, even desperate, motivation.
If you think that Trump was desperate to not leave office, think about how desperate he'll be to get back in office with this looming behind him.
And he did desperately rally all his available resources to stay in office, as January 6 showed us. If this desperate sociopath runs in 2024, he could provoke another violent insurrection.
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And if he did win a second term he won't have the one major check that constrained him last time. The need to get re elected. All of his actions to subvert the government to his will after he lost in November are just a preview of what he would do to dismember our governing institutions and norms if he managed to become president again
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The US obviously doesn't run on a popular vote system, and with many states getting infested with "stop the steal" election officials in this midterm cycle, the couple-thousand votes he actually needed in close states in 2020 might "be found" in 2024.
I'm with you on hoping. But the guy won in 2016 when nobody expected him to, and came terrifyingly close in the rematch. "Trump could never win" is the kind of complacency that led to his win in 2016.
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He's already said he'll buy Tesla stock if he doesn't have to buy Twitter. He has options to buy loads of Tesla stock at bargain prices as part of his compensation package.
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If he wins we will probably get the answer to the question "what happens when you elect a felon currently serving a 20 year sentence in prison to the highest office in the land?"
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IncorrigibleTroll
Ars Tribunus Angusticlavius
Unfortunately, a good chunk of those 7 million votes are meaningless courtesy of the electoral college (which, incidentally, was intended to prevent woefully incompetent but popular demagogues from taking power. that worked out well.).
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