Musk's financial woes at X have Tesla bulls fearing he will liquidate more stock

https://fortune.com/2024/08/15/elon-musk-tesla-stock-sale-twitter-x-advertiser-boycott-finances-bradford-ferguson/

by doener • 2 years ago

15 7 2 years ago

dvt• 2 years ago

ggm• 2 years ago

As a non shareholder, would it not arguably stabilise Tesla's stock value for Musk to hold less of it, and more to lie with institutions and longterm investors? Maybe lower, slower growth, but "better" in some ways?

The speculative component of investment tied to his ego isn't exactly sensible.

katzinsky• 2 years ago

It's a little too late for it to matter. My understanding is Twitter was bought with debt secured by TSLA. If the debt gets called the stock gets liquidated regardless of Musk.

hn_go_brrrrr• 2 years ago

Even if the shares are his collateral, they're still his for now, which means he still has outsized influence on the company. The GP is arguing that if he were to sell a bunch, that might be better for the health of the company.

techostritch• 2 years ago

This article seems to be heavy on speculation and light on facts.

After cutting 75% of the workforce, X doesn’t _need_ to make as much money.

ipaddr• 2 years ago

If this happens this could happen and the easiest way is through doing this and too much of doing this will low share price of a stock you might hold.

Weak article with little facts. Fortune rarely does better.

mgiannopoulos• 2 years ago

xAI (recently funded with $6B) is most probably paying X/Twitter a license for their data. This should cover some of the advertising losses.

Musk's financial woes at X have Tesla bulls fearing he will liquidate more stock

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