How Musk's Fortune Might Be Cut Nearly in Half
All it would take is Tesla in free fall
Sales of Tesla vehicles are plummeting. And the company's stock price has dropped by 13 percent since New Year’s.
By some estimates, Musk's holdings in the company are now worth around $150 billion—or about 40 percent of his richest man on earth total fortune.
Maybe continuing protests and boycotts will lower the price somewhat further. But he is doing damage to our country at such a pace that the price drop might not help much.
I don't advocate violence. But it seems to me that if he went way too far and really pissed a lot more people off, someone might be tempted to go whole hog on a dealer’s parking lot filled with Teslas.
In which case that dealer’s lot might look like this:
Then imagine, if you will, that such a crime inspired “copycat” perpetrators around the U.S. (and in Europe, where he’s equally hated) to do the same to other dealers’ inventories.
That might well tank Tesla stock 📉altogether, even while it would create a lot more employment opportunities for security guards and pit bulls. 🐕🦺
It would, of course, be tragic if some miscreants did this. But maybe not quite as tragic as Musk being able to finish the job of destroying the United States.
Who knows?
Dear Tesla board of directors you can stop this monster from destroying your brand and save 56 billion dollars in the process by firing him
I remember in the old days one could disable a gasoline vehicle by pouring sugar in the fuel tank. Thinking about a quick way to disable an EV, I came up with filling the charging port with a can of insulating foam, such as Great Stuff. That stuff can't be removed, and the fix is expensive. The charging port on a Tesla can be opened with a simple tap on the flap. Of course, I would never recommend anyone do this, it would be illegal.