Good Politics Is Bad Economics – Ep 803
The Peter Schiff Show Podcast
00:00
TESL - What Happens if Tesla Stock Goes Down?
Elon musk borrowed 12 a half billion dollars of the forty four billion he needs by borrowing against his testless shares. He is pledging 58 point seven million shares as collateral for that loan. New 52 eklo stock is now trading, after ours, below 200 dollars a share. The high was 700 not too long ago. Stock is down 72 %. By the way, net flicks was down another five % to day. Everybody was making money in net flicks. And now those propests are evaporating. I mean, there's no reason for it to stop falling here. It could easily go down 90%. We'll see what happens.
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