Submitted by G1lg4m3sh t3_z2ais6 in wallstreetbets
Ok-Confusion-2368 t1_ixggxrf wrote
You think Elon gives a shit about pouring more money into failing twitter by selling TSLA shares? He’ll let Twitter declare bankruptcy before selling off more Tesla shares, would be stupid to do that after just recalling 322K vehicles and SP hitting 2 year low
Seniorsheepy t1_ixinoe0 wrote
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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