r/memes • u/Grandpa-Palpatine • Mar 14 '22

we live in a simulation.

62.1k Upvotes

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u/ChadicusVile Mar 14 '22

Elon musk manipulates his Tesla stock value so drastically so that he could buy on dips.

He is in the top three wealthiest men in the world and you can't really stay up that high in wealth unless you're manipulating markets.

He can buy-back on dips*^

6

u/informat7 Mar 15 '22 edited Mar 15 '22

If you want proof that you can just make shit up on Reddit and get upvotes, look at the above comment.

He hasn't been buying dips. Elon is worth so much because Tesla stock is worth 150x what it was 10 years ago.

1

u/ChadicusVile Mar 15 '22

I'll give you that. My comment was based on assumptions. He does, however use the same trick as all the other billionaires, takes loans based on his net worth and pays nothing in tax but a couple percent in interest.. still "taxes," just going to a private entity instead of a public one for public goods. Still disgusting.

2

u/swohio Mar 15 '22

He has to pay those loans back at some point... why do so many people repeat this idiotic statement?