TheYojimbo

joined 2 years ago
[–] TheYojimbo@lemmy.world 3 points 3 days ago

I definitely agree with you when you say it's not enough !

[–] TheYojimbo@lemmy.world 4 points 3 days ago (2 children)

Well the subject originally was that Tesla's drop was hurting elon, to which you said "he doesn't feel it that much".

By doing a quick search, I found that his spaceX shares are worth around $147 billion, while is tesla shares are worth around $98 billion. You are right that spaceX represents more, but it's not small stuff. And to stay on topic, it seems like the value of his Tesla stock and options has declined by nearly $102 billion since the beginning of the year, which I think is not small even for him.

While you are right the contracts with the governements are balancing the losses a bit, it's still a good chunk of his wealth, as it seems he has gone from $443 billion in december 2024 to $380 billion mid february, and I'll take whatever hurst this mf.

[–] TheYojimbo@lemmy.world 19 points 3 days ago (5 children)

It's not what they were talking about though. They said tesla shares were 60% of his wealth, not that he owned 60% of tesla.

I can't find the actual number but it looks like tesla shares were 75% of his wealth in 2020, and fell to 37% in 2022 when he sold some.

So it's definitely hurting him