It's About Liberty: A Conservative Forum
Topics => Politics/Legislation/Elections => Topic started by: patentlymn on April 11, 2025, 06:21:28 PM
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https://x.com/WHLeavitt/status/1910117755753312440
Tim Walz invested his entire $50 million fortune in shorting Tesla stock. Yesterday, he was hit with a margin call, but with USAID canceled and no funds to cover it, his wealth has now dropped to zero.
Do you feel sorry for him?
update
False according to Grok.
The X post claims Tim Walz lost his entire $50 million fortune shorting Tesla stock, dropping his wealth to zero after a margin call, but web results show his net worth was only $330,000 in November 2024, suggesting the post's financial claims are exaggerated or fabricated.
Tesla's stock price in the post is $268.96, up 21.23% ($47.10) in 24 hours, aligning with a March 2025 Business Insider report of a 16% surge after an Elon Musk town hall, indicating a real upward trend that would hurt short positions like Walz's alleged bet.
The post mentions USAID cancellation as a reason Walz couldn't cover his margin call, but a February 2025 Brookings report notes USAID shutdown discussions were ongoing with no final decision, casting doubt on the post's claim of a direct financial impact on Walz.
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That's a lot of words...too many words...
I seriously would not have pursued that at all, knowing NoBalz probably isn't even capable of understanding let alone execute a short sale!