Musk Buying Twitter Now More Likely After He Sells Another $7B Worth of Tesla: Wedbush

Seeking Alpha2022-08-10

It's becoming "more likely" that Elon Musk is going to buy Twitter (NYSE:TWTR) after all, according to investment firm Wedbush Securities, following the decision by the world's richest man to sell ...

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Comments

tig2021
2022-08-11
tig2021
Ok
hphoa
2022-08-11
hphoa
K
robot1234
2022-08-11
robot1234
Elon Musk sells nearly US$7 billion in Tesla shares amid Twitter legal battle. Tesla Inc Chief Executive Officer Elon Musk sold US$6.9 billion worth of shares in the electric vehicle maker, tweeting it was important to avoid an emergency sale of Tesla stock amid a legal showdown with Twitter Inc over a $44 billion takeover deal.Musk, the world's richest person, had said in April that there were "no further TSLA sales planned" - after he sold $8.5 billion worth of shares in the company back then.But legal experts have suggested that if Musk loses his battle against Twitter and is forced to complete the acquisition or pay a stiff penalty, he could conceivably have to sell more Tesla shares.Musk tore up his Apr 25 agreement to buy the social media platform and the two sides face a drawn-out l
bostonxsgp
2022-08-11
bostonxsgp
lesgooo
Troytan
2022-08-11
Troytan
No one is above the law. 👍
Fongtf
2022-08-10
Fongtf
Tks

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Buying Twitter Now More Likely After He Sells Another $7B Worth of Tesla: Wedbush\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-10 21:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3870572-musk-buying-twitter-now-more-likely-after-he-sells-another-7b-worth-of-tesla-wedbush><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's becoming \"more likely\" that Elon Musk is going to buy Twitter (NYSE:TWTR) after all, according to investment firm Wedbush Securities, following the decision by the world's richest man to sell ...</p>\n\n<a href=\"https://seekingalpha.com/news/3870572-musk-buying-twitter-now-more-likely-after-he-sells-another-7b-worth-of-tesla-wedbush\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://seekingalpha.com/news/3870572-musk-buying-twitter-now-more-likely-after-he-sells-another-7b-worth-of-tesla-wedbush","article_id":"1117411621","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117411621","pubTimestamp":1660136775,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"It's becoming \"more likely\" that Elon Musk is going to buy Twitter (NYSE:TWTR) after all, according ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter"},"translate_title":"马斯克现在更有可能收购Twitter，因为他又卖出了价值7B美元的Tesla：Wedbush","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9,"TWTR":0.9},"content_text":"It's becoming \"more likely\" that Elon Musk is going to buy Twitter (NYSE:TWTR) after all, according to investment firm Wedbush Securities, following the decision by the world's richest man to sell another$7B in Tesla (NASDAQ:TSLA) stock.Analyst Dan Ives noted that the share sale, which were reported late on Tuesday, improves the chances of a deal closing and perhaps before the court case, scheduled to start in October. 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Tesla Inc Chief Executive Officer Elon Musk sold US$6.9 billion worth of shares in the electric vehicle maker, tweeting it was important to avoid an emergency sale of Tesla stock amid a legal showdown with Twitter Inc over a $44 billion takeover deal.Musk, the world's richest person, had said in April that there were \"no further TSLA sales planned\" - after he sold $8.5 billion worth of shares in the company back then.But legal experts have suggested that if Musk loses his battle against Twitter and is forced to complete the acquisition or pay a stiff penalty, he could conceivably have to sell more Tesla shares.Musk tore up his Apr 25 agreement to buy the social media platform and the two sides face a drawn-out l","listText":"Elon Musk sells nearly US$7 billion in Tesla shares amid Twitter legal battle. 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