Elon Musk’s Tesla Share Sales Could Point to Debt Help for Twitter

Bloomberg2022-12-16

Recent tweet hints at effort to ease company’s debt burdenReplacing riskiest bonds would save $350 million in interestAs he was offloading almost $3.6 billion of Tesla Inc. shares this week, Elon Musk...

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Comments

  • TaiWoeiHaur
    2022-12-16
    TaiWoeiHaur
    Good morning 
  • xiaobaii
    2022-12-16
    xiaobaii
    like & comment please
  • UTOtrader
    2022-12-16
    UTOtrader
    T
  • Nebhol
    2022-12-16
    Nebhol
    Ok
  • sk27
    2022-12-16
    sk27
    Good for him
  • JC888
    2022-12-16
    JC888
    Long story short, sales of $Tesla Motors(TSLA)$ shares  had its uses and agenda. 1. Immediate relief on the interest to be saved & serviced.  2. In the process, further improved his financial position should $Twitter(TWTR)$  succeed.  3. Think its the not mentioned that's interesting no?  In the event that TWTR folds (that is quite unlikely given the giant it is), in Accounting couldn't the money invested be taken as a lost in investment and be written off against the tax that he has to pay, as the 2nd richest man in the world?  He is wickedly smart agree?  Now if he only could be a little "smarter" by keeping that gab shut, his success
    • JC888
      With the gloom closing in nothing is impossible in US mkt I feel....
    • JC888
      Gd for you... What about those who bought chasing after Mr musk? Or bought after recent split at $290 for a single share?
      Its all about timing the mkt afterall.....
    • AfraSimon
      I’ve owned a tesla since 2020 that I bought with profits from the stock and with the software updates, it has only gotten better.
    • CyrilDavy
      yall thinking 150? not confirmed but for now I expect to see this rebound back to 170+ before another draw down to new lows. Just my opinion gl on your trades.
    • littlesweetie
      Elon really going nuts on Twitter suspending accounts without reasonable cause. The guy needs an intervention. More pain coming for bulls.
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