Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern
(Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal.
Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal.
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Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern
(Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal.
Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal.
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern (Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal. Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal.
"If Tesla's share price continues to remain in freefall that will jeopardize his financing," said OANDA senior market analyst Ed Moya.
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Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern (Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal. Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal.
"If Tesla's share price continues to remain in freefall that will jeopardize his financing," said OANDA senior market analyst Ed Moya.
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern (Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal. Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal.
He's already rethinking the deal.
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Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern (Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal. Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal.
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern (Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal. Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal. He's already rethinking the deal.
That would be surprising
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Quote Originally Posted by baish2012:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: some reports suggest musk might even pull out of the deal ELON MUSK's company, Tesla, loses $126 Billion in value amid Twitter deal funding concern (Reuters) - Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from. The 12.2% drop in Tesla's shares on Tuesday equated to a $21 billion drop in the value of his Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal. Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash. The widening spread reflects investor concern that the precipitous decline in Tesla's shares, from which Musk derives the majority of his $239 billion fortune, could lead the world's richest person to have second thoughts about the Twitter deal. He's already rethinking the deal.
“Like I said, my preference is to hew close to the laws of countries in which Twitter operates. If the citizens want something banned, then pass a law to do so, otherwise it should be allowed.”
Elon Musk 5.9.22
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“Twitter obv has a strong left wing bias”
“Like I said, my preference is to hew close to the laws of countries in which Twitter operates. If the citizens want something banned, then pass a law to do so, otherwise it should be allowed.”
What's with Elon's love for China? I had been a huge Elon Musk fan and did very well with Tesla, getting in with their initial public offering. I was inspired when they kept the NUMMI plant, which had made Toyotas for years, from closing down. NUMMI was in Fremont, Ca, just south of my hometown. They had provided many good jobs. When Toyota ceased operations, Tesla swooped in like a savior. I was Team Elon ever since. He's made me more than I could ever make wagering on sports. Bruh is off the rails though. Not so much in buying Twitter. That was kind of a G move. Stupid but a G move. I mean as it relates to China and their labor practices.
TIME TO BRING BACK THE OBAMA CAGES!
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What's with Elon's love for China? I had been a huge Elon Musk fan and did very well with Tesla, getting in with their initial public offering. I was inspired when they kept the NUMMI plant, which had made Toyotas for years, from closing down. NUMMI was in Fremont, Ca, just south of my hometown. They had provided many good jobs. When Toyota ceased operations, Tesla swooped in like a savior. I was Team Elon ever since. He's made me more than I could ever make wagering on sports. Bruh is off the rails though. Not so much in buying Twitter. That was kind of a G move. Stupid but a G move. I mean as it relates to China and their labor practices.
Quote Originally Posted by Midnight1: @I_Need_A_Detox The Tesla stock he's using as collateral is getting crushed. Wouldn't be surprised to the see the Boy Wonder bail on his deal.
BUSINESS INSIDER - Twitter stock plunges as much as 25% in premarket after Elon Musk says $44 billion buyout deal is on hold
Interesting new development. I knew that he was leveraging his stock in Tesla to help purchase Twitter but that could be in jeopardy now.
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Quote Originally Posted by fubah2:
Quote Originally Posted by Midnight1: @I_Need_A_Detox The Tesla stock he's using as collateral is getting crushed. Wouldn't be surprised to the see the Boy Wonder bail on his deal.
BUSINESS INSIDER - Twitter stock plunges as much as 25% in premarket after Elon Musk says $44 billion buyout deal is on hold
Interesting new development. I knew that he was leveraging his stock in Tesla to help purchase Twitter but that could be in jeopardy now.
Wouldn't be surprised to the see the Boy Wonder bail on his deal.
Trump says there is no way Musk buys twitter at such a ridiculous price according to Yahoo news. Even if Musk pays a $1 billion penalty to forfeit deal, he would be better off financially if Tesla stock price rebounds.
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Quote Originally Posted by Midnight1:
Wouldn't be surprised to the see the Boy Wonder bail on his deal.
Trump says there is no way Musk buys twitter at such a ridiculous price according to Yahoo news. Even if Musk pays a $1 billion penalty to forfeit deal, he would be better off financially if Tesla stock price rebounds.
Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed?
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Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed?
Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed?
Now Musk is said to be on the verge of cancelling the deal!
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Quote Originally Posted by Zeus4par:
Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed?
Now Musk is said to be on the verge of cancelling the deal!
Quote Originally Posted by Zeus4par: Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed? Now Musk is said to be on the verge of cancelling the deal!
We all knew Musk weak a$$ would bail on the deal. Guess Elon's Chinese business ties and partners still have his balls in a vice grip.
He can blame it on the bots all he wants (weak a$$ excuse), anyone with half a brain knew he was afraid of losing even more money from Chinese operations since they hate Twitter.
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Quote Originally Posted by Zeus4par:
Quote Originally Posted by Zeus4par: Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed? Now Musk is said to be on the verge of cancelling the deal!
We all knew Musk weak a$$ would bail on the deal. Guess Elon's Chinese business ties and partners still have his balls in a vice grip.
He can blame it on the bots all he wants (weak a$$ excuse), anyone with half a brain knew he was afraid of losing even more money from Chinese operations since they hate Twitter.
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed? Now Musk is said to be on the verge of cancelling the deal!
We all knew Musk weak a$$ would bail on the deal. Guess Elon's Chinese business ties and partners still have his balls in a vice grip. He can blame it on the bots all he wants (weak a$$ excuse), anyone with half a brain knew he was afraid of losing even more money from Chinese operations since they hate Twitter.
Twitter saying they will try and force him to complete the sale now
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Quote Originally Posted by DeezyAZ81:
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed? Now Musk is said to be on the verge of cancelling the deal!
We all knew Musk weak a$$ would bail on the deal. Guess Elon's Chinese business ties and partners still have his balls in a vice grip. He can blame it on the bots all he wants (weak a$$ excuse), anyone with half a brain knew he was afraid of losing even more money from Chinese operations since they hate Twitter.
Twitter saying they will try and force him to complete the sale now
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed? Now Musk is said to be on the verge of cancelling the deal! We all knew Musk weak a$$ would bail on the deal. Guess Elon's Chinese business ties and partners still have his balls in a vice grip. He can blame it on the bots all he wants (weak a$$ excuse), anyone with half a brain knew he was afraid of losing even more money from Chinese operations since they hate Twitter.
If they hate Twitter and control Elon…
anyone with a brain
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Quote Originally Posted by DeezyAZ81:
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Despite his publicly stated reason for putting the deal on hold, is it possible the sexual misconduct allegations by two witnesses may have contributed? Now Musk is said to be on the verge of cancelling the deal! We all knew Musk weak a$$ would bail on the deal. Guess Elon's Chinese business ties and partners still have his balls in a vice grip. He can blame it on the bots all he wants (weak a$$ excuse), anyone with half a brain knew he was afraid of losing even more money from Chinese operations since they hate Twitter.
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anyone with a brain 
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