Elon Musk May Need to Sell $10B Worth of Tesla Stock to Finance Twitter Takeover - Wedbush

seekingalpha2022-10-23

The headache for Tesla shareholders stemming from Elon Musk’s bid for Twitter is far from over, according to Wedbush analyst Dan Ives.Ives said that the $44B price tag for the social media player is “...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Art77
2022-10-24
Art77
Ok
JCai
2022-10-24
JCai
Ok
- JCai:
  ok
YJ Lee
2022-10-24
YJ Lee
Ok
andrew123
2022-10-24
andrew123
Omg
Kia21
2022-10-24
Kia21
Buy?
wine18
2022-10-24
wine18
Ok

Leave a comment

665

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2277404196?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-10-23 07:47","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2277404196","market":"us","top_or_hot":-1,"title":"Elon Musk May Need to Sell $10B Worth of Tesla Stock to Finance Twitter Takeover - Wedbush","media":"seekingalpha","content":"<div>\n<p>The headache for Tesla shareholders stemming from Elon Musk’s bid for Twitter is far from over, according to Wedbush analyst Dan Ives.Ives said that the $44B price tag for the social media player is “...</p>\n\n<a href=\"https://seekingalpha.com/news/3893707-elon-musk-may-need-to-sell-10b-worth-of-tesla-stock-to-finance-twitter-takeover-wedbush\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk May Need to Sell $10B Worth of Tesla Stock to Finance Twitter Takeover - Wedbush</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nElon Musk May Need to Sell $10B Worth of Tesla Stock to Finance Twitter Takeover - Wedbush\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-23 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3893707-elon-musk-may-need-to-sell-10b-worth-of-tesla-stock-to-finance-twitter-takeover-wedbush><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The headache for Tesla shareholders stemming from Elon Musk’s bid for Twitter is far from over, according to Wedbush analyst Dan Ives.Ives said that the $44B price tag for the social media player is “...</p>\n\n<a href=\"https://seekingalpha.com/news/3893707-elon-musk-may-need-to-sell-10b-worth-of-tesla-stock-to-finance-twitter-takeover-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/3893707-elon-musk-may-need-to-sell-10b-worth-of-tesla-stock-to-finance-twitter-takeover-wedbush","article_id":"2277404196","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2277404196","pubTimestamp":1666482464,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"The headache for $Tesla(TSLA)$ shareholders stemming from Elon Musk’s bid for $Twitter(TWTR)$ is far from over, according to Wedbush analyst Dan Ives.Ives said that the $44B price tag for the social m","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter"},"translate_title":"埃隆·马斯克可能需要出售价值100亿美元的特斯拉股票来资助Twitter收购-韦德布什","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1,"TWTR":1},"content_text":"The headache for Tesla shareholders stemming from Elon Musk’s bid for Twitter is far from over, according to Wedbush analyst Dan Ives.Ives said that the $44B price tag for the social media player is “simply a train wreck” and about $14B above what he sees as fair value. Indeed, Musk himself said during the automaker’s earnings call on Wednesday that he, and other investors, “are obviously overpaying for Twitter.”While Musk has already sold billions worth of Tesla stock to help fund the deal, the shaky outside financing of the blockbuster deal should have investors in the EV leader apprehensive, according to Ives. In his view, Musk could be forced to make billions more in sales before he can declare “funding secured.”“It's pretty simple, the more investors that bail on this deal, the more money that Musk needs to contribute and therefore sell more Tesla stock,” Ives told clients on Friday. “This continues to be a brutal situation for Tesla investors to bear the burden as we believe Musk might need to sell an additional $5B to $10B range to fund this deal depending on the financing talks this week/weekend.”The Delaware Chancery Court recently set October 28 as the hard deadline for the deal to close.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9981577928,"gmtCreate":1666575624265,"gmtModify":1676537769747,"author":{"id":"3572384308657165","authorId":"3572384308657165","name":"Art77","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981577928","repostId":2277404196,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9981515093,"gmtCreate":1666566504012,"gmtModify":1676537767868,"author":{"id":"3574897713454581","authorId":"3574897713454581","name":"JCai","avatar":"https://static.tigerbbs.com/a4408059854d4abfa5d3e8513d447a16","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9981515093","repostId":2277404196,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104477555,"gmtCreate":1666566507367,"gmtModify":1666566510681,"authorId":3574897713454581,"author":{"id":3574897713454581,"authorId":3574897713454581,"name":"JCai","avatar":"https://static.tigerbbs.com/a4408059854d4abfa5d3e8513d447a16","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9981515093,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9981510404,"gmtCreate":1666564809708,"gmtModify":1676537767705,"author":{"id":"4108816210230400","authorId":"4108816210230400","name":"YJ Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981510404","repostId":2277404196,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9981537632,"gmtCreate":1666564554327,"gmtModify":1676537767668,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f3e049e64de259e717c6e652c0aca653","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981537632","repostId":2277404196,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9981592949,"gmtCreate":1666550417581,"gmtModify":1676537767281,"author":{"id":"3571641819609845","authorId":"3571641819609845","name":"Kia21","avatar":"https://community-static.tradeup.com/news/32d3d132e30bc2194d7e7de62e5a694f","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Buy?","listText":"Buy?","text":"Buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981592949","repostId":2277404196,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9981599285,"gmtCreate":1666543708048,"gmtModify":1676537767158,"author":{"id":"4109947078502812","authorId":"4109947078502812","name":"wine18","avatar":"https://community-static.tradeup.com/news/59f4bc3d6a36fcfd6ba5c4b8e84f5bc6","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981599285","repostId":2277404196,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":665,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2277404196"}