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What happens when TSLA speculation finally hits reality?

In all likelihood? xAI buys Tesla. That’s the functional floor.

Would it take down the entire stock market with it

No.

How low could that floor be, in dollar terms?

The financial engineering with the Twitter/X takeover was already pretty bold, but Tesla would probably still be a chunk an order of magnitude larger than that.

Given that xAI only has a few billion in cash on hand? Very fucking low. It'd bankrupt Elon before reaching that stage though.

AI exuberance is ridiculous, but even xAI could not pony up enough real money to payout Tesla investors for anything but pennies on the dollar.

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