• deeves@lemmy.world
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    4 months ago

    Hahah, so him personally bailing out Twitter with a cash infusion would kill Tesla in the process?

    What a world.

    • Voroxpete@sh.itjust.works
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      4 months ago

      It wouldn’t kill Tesla, per se. A company’s stock price only really matters insofar as it helps them to carry debt. The company doesn’t actually directly gain or lose money based on the stock price. What it affects, primarily, is the shareholders of the company.