Tesla Inc lost ground on Thursday amid investor concerns that Musk may have to sell Tesla shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.Reporting by Akriti Sharma in Bengaluru and Hyunjoo Jin in San Francisco; Editing by Jacqueline Wong.
Tesla Inc lost ground on Thursday amid investor concerns that Musk may have to sell Tesla shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.Reporting by Akriti Sharma in Bengaluru and Hyunjoo Jin in San Francisco; Editing by Jacqueline WongThen there are definitely more sales planned
Either he presented his plan to the banks, they gave him a loan. Banks put pressure on Twitter's board of directors a little too. So it will turn Twitter into a financial tool.
… Sweet … throw down 10% and finance the rest … niiiiceeee …
He's up to something and it's either going to hurt Tesla, Investors, or Twitter or possibly all of the above.
Capital gains taxes