- I assume this is because his original purchase used Tesla stock as loan collateral Archived Message
- Musk sells X to himself (xAI) - opey8 March 28, 2025, 17:19:22
- I assume this is because his original purchase used Tesla stock as loan collateral - DT March 29, 2025, 6:41:16
- And who is giving him a loan for that high a value on twitter? And still no taxes being paid… - shua March 29, 2025, 7:54:07
- I sold my house to shuaAI for $50M!!* - shua March 28, 2025, 21:14:44
- You owe taxes on that you know* - Stu March 29, 2025, 8:37:16
- the house and shuaAI are worth about $300MM together, of course* - Sammich March 28, 2025, 22:57:29
- And who is giving him a loan for that high a value on twitter? And still no taxes being paid… - shua March 29, 2025, 7:54:07
- I assume this is because his original purchase used Tesla stock as loan collateral - DT March 29, 2025, 6:41:16
Posted by DT
on March 29, 2025, 6:41:16, in reply to "Musk sells X to himself (xAI)"
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And now that Tesla is in free fall and looking to go the way of Enron it was going to trigger some sort of adjustment with creditors. So now he’s flipped that collateral over to xAI stock to avoid the immediate consequences, although I tend to think the AI model building company valuations are a big bubble as well. But that probably won’t pop for a couple of years so he can stay ahead of the debt collectors for now. And he called Social Security a Ponzi Scheme…  Previous Message
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