“Going bankrupt is easy- you just tell the court you can’t pay, and the judge agrees that you are a terrible businessman and you are broke. They don’t send you to jail, and you can even still become President. Oh, oops, you can’t do that because you weren’t born here, but everything will be ok.”

For those of you cheering the decline in TSLA (and Elon’s wealth by proxy) - focus on the P/E ratio. It indicates the stock’s current price remains highly speculative and could reasonably be expected to be cut in half again. Other tech P/Es: AMZN 34.87 AAPL 33.76 NVDA 39.26 MSFT 30.85- just saying

Duke Power isn’t on here, but neglecting maintenance cap ex by a utility is grounds for nationalization