LogFAQs > #969350731

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Topic	Twitter could face bankruptcy
Shadow_Don 11/11/22 7:47:31 AM #52:	Tyranthraxus posted... He used Tesla stock as collateral. So he's losing 21 billion dollars in Tesla stock if he declares bankruptcy. Unfortunately, I think he sold the Tesla stock to pay for twitter and none of the current stock he holds is used as collateral. He'd be even more fucked if it was though, there would be a likely path he would have lost control of Tesla at this rate. Either way him speed running the destruction of twitter is probably going to have a huge impact on tesla stock. --- "The soul in the darkness sins, but the real sinner is he who caused the darkness." - Victor Hugo <cite>Shadow_Don posted [p:969350731] in Twitter co... [t:80228936]...</cite> <quote>Tyranthraxus posted... </cite><quote>He used Tesla stock as collateral. So he's losing 21 billion dollars in Tesla stock if he declares bankruptcy.</quote>Unfortunately, I think he sold the Tesla stock to pay for twitter and none of the current stock he holds is used as collateral. He'd be even more fucked if it was though, there would be a likely path he would have lost control of Tesla at this rate. Either way him speed running the destruction of twitter is probably going to have a huge impact on tesla stock. --- "The soul in the darkness sins, but the real sinner is he who caused the darkness." - Victor Hugo</quote> ... Copied to Clipboard!
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