Sujet : Elon Musk's financial headaches at X
De : here (at) *nospam* is.invalid (JAB)
Groupes : misc.news.internet.discussDate : 18. Aug 2024, 12:12:31
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Elon Musk's financial woes at X have Tesla bulls fearing he will
liquidate more stock
Elon Musk's financial headaches at X may be catching up to him--and
Tesla bulls are worrying that could spell bad news for the carmaker's
investors.
Musk's repeated outbursts against advertisers have dried up the main
source of revenue for the loss-making company formerly known as
Twitter. A recent decision to sue them for heeding his own advice to
not buy ads on the platform hasn't helped. At some point, he will have
to provide a fresh infusion of cash to salvage his $44 billion
takeover. And that might mean Musk sells Tesla stock to raise the
money--hurting anyone who holds the carmaker's shares.
https://fortune.com/2024/08/15/elon-musk-tesla-stock-sale-twitter-x-advertiser-boycott-finances-bradford-ferguson/Alpha 'bull' meets reality...nothing more here to understand.
Elon Musk's financial headaches at X