Probably realized he can’t sell a lot of those anymore.
He could sell a bunch of Tesla stock, crash the entire US economy and then buy a whole lot of whatever he wants because everything will be discounted (including Tesla, he could just rebuy his stock for a fraction of the price)
Rich people LOVE economic downturns. Best time to make money is when everything is on sale, just need to buy and wait. Stocks, property, everything.
Probably realized he can’t sell a lot of those anymore.
He could sell a bunch of Tesla stock, crash the entire US economy and then buy a whole lot of whatever he wants because everything will be discounted (including Tesla, he could just rebuy his stock for a fraction of the price)
Rich people LOVE economic downturns. Best time to make money is when everything is on sale, just need to buy and wait. Stocks, property, everything.
Because he can’t buy whatever he wants now?
He can, but if stocks fall 90%, he can buy 10x as much. If he shorts things on the way down, he can multiply his money first too.
If this is played right, he could be worth tens or hundreds of trillions a decade or 2 from now.
I believe that’s what he’s going for.