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Elon has been selling Tesla shares, to finance the purchase

Posted on: May 11, 2022 at 15:54:47 CT
Ace AU
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$8.5B

He has secured about $7B in financing for the $44B purchase price.

If he plans to sell more Tesla shares to afford the purchase, his holdings will shrink even more because of the share price drop.

This may jeopardize his ability to buy Twitter absent extraneous financing.

Sorry I had to simply state what should have been obvious to you.
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Tesla shares down 38% since Elon bid for Twitter takeover - Ace A - 5/11 15:25:28
     Netflix down 63% since signing barry and big mike(nm) - Sig MU - 5/11 19:59:14
     All capital markets have taken a dump everywhere - JimD MU - 5/11 19:02:51
     If I had tesla stock - meatiger MU - 5/11 16:08:46
          Musk sold most of his Tesla stock? He only owns 20% of the - BH O'bonga MU - 5/11 16:15:41
               He only has 163 million shares left ($119B) - Spanky KU - 5/11 16:59:27
                    RE: He only has 163 million shares left ($119B) - BH O'bonga MU - 5/11 17:43:00
                         Yep.... - Spanky KU - 5/11 17:49:41
               I never said anything about him selling - meatiger MU - 5/11 16:17:07
          So he's proven he can work on other businesses - Sal CMSU - 5/11 16:13:38
               His other businesses - meatiger MU - 5/11 16:19:24
                    There might be some correlation between SpaceX - Sal CMSU - 5/11 16:32:34
                         RE: There might be some correlation between SpaceX - meatiger MU - 5/11 16:39:12
     why is that political? (nm) - TigerFan92 STL - 5/11 15:59:50
          Because free speech frightens Democrats(nm) - Spanky KU - 5/11 16:03:56
     Check out Moderna stock.... - MUTGR MU - 5/11 15:41:29
          Does Elon run Moderna? - Ace A - 5/11 15:45:53
               Are you going to embarrass yourself again? - Spanky KU - 5/11 15:55:06
               No, the US government collaberated with Moderna - MUTGR MU - 5/11 15:54:21
                    why did trump let that happen? - JayHoaxH8r MU - 5/11 18:04:40
     Correlation is not causation - Spanky KU - 5/11 15:32:22
          Musk allegedly sold a lot of Tesla shares for funding his - JeffB MU - 5/11 15:35:04
               No - Rabbit Test MU - 5/11 15:56:50
               That would have to be publicly disclosed as an insider trade - Spanky KU - 5/11 15:49:37
                    Elon has been selling Tesla shares, to finance the purchase - Ace A - 5/11 15:54:47
                         Looks like he sold 5% of his shares - Spanky KU - 5/11 15:59:03
                              Oh, you're playing dumb with me Spanky - Ace A - 5/11 16:17:18
                                   Musk is worth $260 billion - Spanky KU - 5/11 16:47:16
                                        So why does he have to finance the purchase? Really, Spanky - Ace A - 5/11 18:33:06
                                             A lot of people use financing when they could pay cash. - JeffB MU - 5/11 19:57:06
     why would you risk buying now? - Ragnar Danneskjold MU - 5/11 15:30:46
          Some people are saying the drop in Tesla risks the Twitter - Ace A - 5/11 15:33:10
               Why would Trump care? (nm) - Sal CMSU - 5/11 15:36:32
                    Trump alleged he told Elon to buy Twitter. Elon denied it - Ace A - 5/11 15:58:18




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