Submitted by G1lg4m3sh t3_z2ais6 in wallstreetbets
Seniorsheepy t1_ixinoe0 wrote
Reply to comment by Ok-Confusion-2368 in Will Elon have to sell more of his Tesla stock in order to keep Twitter alive? by G1lg4m3sh
What is the collateral for the loan he got to buy twitter
Ok-Confusion-2368 t1_ixir4or wrote
Well….for one, your logic of what somebody does before a major acquisition, which he was legally forced into, doesn’t reflect what he would do now and risk further damage creating more negative sentiment on TSLA, which is significantly more important than now privately owned Twitter. To think he needs to sell off more shares just to fund Twitter projects vs needing major capital to purchase a big company are not one and the same, Learn the difference genius 👍🏽
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