• 0 Posts
  • 66 Comments
Joined 3 months ago
cake
Cake day: June 23rd, 2024

help-circle


  • Lemmys memes are alright if a bit too much pro-linus/bash-windows

    Your chance to go against the flow!

    Regardless of quality of each system, it’s understandable that Lemmy’s userbase would lean more towards Linux as the reasons for using both instead of the dominant alternative are similar. Also Linux works really well for most stuff you’d do on Windows compared to 20 years ago.

    But yeah it becomes somewhat annoying when people base a part of their identity on it. Then again, this is always true, regardless of topic at hand.





  • For several years I hated women because subconsciously I was angry that they are allowed to express their femininity and I’m not.

    Wouldn’t the equivalent rather be women being allowed to express masculine traits? Which to be fair is well-accepted nowadays.

    However, I don’t give a shit if people see some of my traits as feminine. I was born male and 100% identify as male. If others see my traits as feminine, it doesn’t change my identity because I define it. Think I shouldn’t wear long hair? Who asked for your opinion? And why should be awesome traits like empathy or openness be strictly female and not human?






  • If not only Musk but also the banks are stuck in this problem, it’s their own fault and incovenience. Not sure why you ignored his completely verbose explanation of how this problem is only Musk’s (and maybe the banks he made the deal with).

    That’s the thing, the banks fear it will be their problem. They don’t care about Tesla as a third party, but themselves.

    I’d love Musk to get fucked by this whole ordeal. This was rather about if the creditors allow it or of they’re afraid of the fallout.

    And you’re right, it won’t be all instantly sold, but it is a large amount of shares and I’d think it would have a negative impact on share price.





  • You don’t really understand the point I think, whether it’s correct or not I don’t know. His theoretical wealth is derived from the price of the last share sold. He probably can’t just sell ($13bn/current share price) shares and get $13bn out of that, there aren’t enough buy orders at that price, and you risk a panic sell by other holders. These other holders possible also include the banks were talking about, or at least related businesses and their clients.

    Long story short, if banks had him liquidate shares worth $13bn, his net worth would fall (not the banks direct problem, bit probably wouldn’t make future client acquisition easier); but it might be that they lose more money indirectly. All this calculation with a stock’s market cap is a bit like a house of cards; it’s really high, but don’t shake it too much. At least that’s an issue with overvalued stocks; sound businesses where the stock price reflects the company’s actual value, maybe even pays dividend, don’t have that problem.