I’m sure most mutual funds are invested in musk companies, but unless they’re terrible hedge funds or something none of them should have more than a few percent in them. I was more speaking of the lenders who enable Musk’s bullshit like buying Twitter or fucking around with our elections.
And yeah, I guess I should have said finish off our space industry, but yeah it’s been screwed since the shuttle era I guess.
none of them should have more than a few percent in them
Tesla makes up 2.3% of the S&P 500 and 4.5% of NASDAQ. Then you have business downstream of Tesla - Luminar Technologies sells the majority of it’s LIDAR systems to Tesla, Hertz’s EV fleet is plurality Tesla, Panasonic co-owns Gigafactory 1.
I was more speaking of the lenders who enable Musk’s bullshit like buying Twitter or fucking around with our elections.
They do it so they can be first in the door for future IPOs. JP Morgan has been a close ally of Musk’s for decades. And he’s repaid them with numerous opportunities to resell their debt. The Twitter loan was a small price to pay by comparison.
I’m sure most mutual funds are invested in musk companies, but unless they’re terrible hedge funds or something none of them should have more than a few percent in them. I was more speaking of the lenders who enable Musk’s bullshit like buying Twitter or fucking around with our elections.
And yeah, I guess I should have said finish off our space industry, but yeah it’s been screwed since the shuttle era I guess.
Tesla makes up 2.3% of the S&P 500 and 4.5% of NASDAQ. Then you have business downstream of Tesla - Luminar Technologies sells the majority of it’s LIDAR systems to Tesla, Hertz’s EV fleet is plurality Tesla, Panasonic co-owns Gigafactory 1.
They do it so they can be first in the door for future IPOs. JP Morgan has been a close ally of Musk’s for decades. And he’s repaid them with numerous opportunities to resell their debt. The Twitter loan was a small price to pay by comparison.