It wasn't long ago that a moron who posts here said Musk was losing his wealth - this proves, once again, that this moron was wrong - never trust a lying liberal -- https://markets.businessinsider.com/news/stocks/elon-musk-wealth-billionaires-tesla-stock-quarter-way-to-trillionaire-2023-7?fbclid=IwAR3vNHX1vOvmD8qDCUVxMUBrsxiv7tjY5Q9WlWSwXnwLhK3zZmQkJ2k4pA8
Stock isn't wealth.
Originally posted by: Kevin Lewis
Stock isn't wealth.
Kevin claims that Musk is poor
Originally posted by: Boilerman
Kevin claims that Musk is poor
Boiler, your argumentative style of lying about what someone said is childish.
https://markets.businessinsider.com/news/stocks/elon-musk-wealth-billionaires-tesla-stock-quarter-way-to-trillionaire-2023-7?fbclid=IwAR3vNHX1vOvmD8qDCUVxMUBrsxiv7tjY5Q9WlWSwXnwLhK3zZmQkJ2k4pA8
Yeah, he's getting rich off the EV vehicles that our resident conservatives say are a liberal fantasy.
Good for him....and good for all the liberals that own his stock.
You know what he's not getting rich off of? Twitter. Bummer, huh?
Originally posted by: PJ Stroh
Yeah, he's getting rich off the EV vehicles that our resident conservatives say are a liberal fantasy.
Good for him....and good for all the liberals that own his stock.
You know what he's not getting rich off of? Twitter. Bummer, huh?
What Boiler couldn't grasp is a concept that generally flies over the heads of the tiny-brained folk. You see countless headlines about how some individual or company "lost" or "made" XXX gajillion dollars because the price of some stock they own went down or up. Of course, no unrealized gain or loss means anything, as in, you don't gain or lose anything unless and until you sell it. And is Elon going to dump his Tesla stock? No. So in reality, he's no wealthier. He owns whatever percentage of Tesla he owned yesterday.
It's sort of like rejoicing because your wedding ring will now sell for ten times what you paid for it. So what? (I know: divorce!)
The distinction between wealth and securities is the same as the distinction between money and currency--far, far over the heads of people like Boiler.
He's financially rich by whatever metric you want to measure it by. Full stop.
I just find it deliciously ironic that conservatives boast about that fact while simultaneously preaching the feckless dream of EV vehicles. Boilerman will explain to you how there isnt enough nickel or something
Cliff?..... Hello?
Originally posted by: PJ Stroh
He's financially rich by whatever metric you want to measure it by. Full stop.
I just find it deliciously ironic that conservatives boast about that fact while simultaneously preaching the feckless dream of EV vehicles. Boilerman will explain to you how there isnt enough nickel or something
Magic beans! Which Tom will tell you, we can only get from China.
I didn't say he isn't rich. I was saying that an increase in the price of Tesla stock doesn't make him richer, because he's not about to sell any of it.
