Emil Caillaux

@emilcx.bsky.social

477 Followers 286 Following

Starting from scratch. đź“ŤLima, Peru

It’s relatively simple for Musk to borrow against his Tesla fortune. Excluding options, he has roughly 411 million shares worth about $90 billion. Bankers are typically willing to advance cash when the loan is secured with an ample amount of stock. At the end of March, Musk had pledged about 238 million shares of his Tesla stock as collateral, according to company reports. That gives him access to about $12 billion in loans. Tesla didn’t respond to a request about Musk’s current collateral and lending. It’s difficult to know exactly how Musk chooses to generate and spend money. For now, investors have to be content that he has enough without needing to liquidate any of his core Tesla holdings. The news about Musk’s donation didn’t hit shares. Tesla stock added 0.8% Wednesday, closing at $221.33 while the S&P 500 added 0.5% and the Dow Jones Industrial Average rose 0.8%.
Paragraph that reads: As America’s top diplomat, Rubio will not need to be briefed on the state of play. His views were forged in Miami, which has its own foreign policy and serves as the de facto capital of Latin America. It is a Latino-dominated city of exiles, where political shake ups in Latin America can lead to the eruption of local protests.
Ian Malcolm saying: I’ll tell you the problem with the scientific power that you’re using here. It didn’t acquire any discipline to attain it. You read what others have done and you took the next step. You didn’t earn the knowledge for yourself so therefore you don’t take any responsibility for it. You stood on the shoulders of geniuses to accomplish something as fast as you could and before you even knew it you had it. You patented it and packaged it and slapped it on a plastic lunch box, and now your selling it! You wanna sell it!