480
submitted 7 months ago by return2ozma@lemmy.world to c/news@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] Potatos_are_not_friends@lemmy.world 35 points 7 months ago

Reminder. He's a billionaire.

$2760 a month is about $33,120 a year.

According to this calculation, he makes $46,303,000 A DAY.

For context:

At $33,120 a year, he could fund 1,398 child support babies with a single day of work.

And there are Elon-stans.

[-] phoenixz@lemmy.ca 8 points 7 months ago

Small reminder that Elon Musk doesn't have that money in his bank account.

The only reason why his net worth is that high is because he has stock in the stupidly overinflated (and now quickly deflating) Tesla.

He had to pull loads of stock from tesla to buy twitter (after he was forced to do so by courts because he said he would) and still had to borrow money because he simply doesn't have 44 billion. Quick side note: payments with interest for those loans are due, good luck paying those billions from a company that lost.over half its value, asshole!

If he pulls all his tesla stock then telsa would completely crash, he'll never get access to anything near 166 billion.

I'm sure he has a few millions in liquid assets, but he is VERY far from making millions per day. The way he's going right now, his ex wife better hurry because he'll be bankrupt within a few years.

[-] Teritz@feddit.de 13 points 7 months ago

His Money in the Bank Account and his Net Worth are 2 different Pairs of Shoe but Elon takes a Credit for Multiple Millions (cheaper than having a Wage) and then giving them Stocks as Security.

He totally can afford to have his Child getting more than 33k in a Year.

this post was submitted on 22 Nov 2023
480 points (78.6% liked)

News

21695 readers
2951 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS