General Discussion

FBaggins

(28,706 posts)

10. None of which has anything to do with the OP

Thu May 12, 2022, 03:33 PM

May 2022

Tesla shareholders don't much care what secures the loan after his Tesla shares.

The deal was priced when Tesla was trading at over $1000 per share and now the stock is trading much lower.

That isn't how it works. It was trading over $1000 for a couple of days, but had been around $750 just a couple of weeks earlier. Nobody prices a deal based on a brief blip. Nor is market fluctuation all that relevant when you're nowhere close to 50%

And once again... the primary source of repayment isn't Tesla stock - whether there's a personal guarantee or not. Anyone who loaned him billions of dollars was given reason to believe that the deal itself (i.e., Twitter revenue) would fund repayment of the debt.

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What to know about Elon Musk's $12.5 billion margin loan [View all] LetMyPeopleVote May 2022 OP

Tesla is now trading below $700 during premarket trading. 👀 LetMyPeopleVote May 2022 #1

Ok. So it's not great for him to do this jimfields33 May 2022 #2

Is there anything of substance suggesting nobody at all should do this? Torchlight May 2022 #8

Musk offered $54 for twitter. It now sells for 45 and change. Tomconroy May 2022 #3

The market has doubts about this deal LetMyPeopleVote May 2022 #6

If a billionaire can't keep his financial info private, what's the world coming to? bucolic_frolic May 2022 #4

This is an acquisition of a public company LetMyPeopleVote May 2022 #5

So? FBaggins May 2022 #7

Tesla's shareholders are concerned by this transaction LetMyPeopleVote May 2022 #9

None of which has anything to do with the OP FBaggins May 2022 #10

Now now... don't ruin a good "rant" with actual facts. WarGamer May 2022 #12

Thank you for the Bloomberg article LetMyPeopleVote May 2022 #16

Elon Musk Shows Some Buyer's Remorse With Twitter LetMyPeopleVote May 2022 #19

This makes me smile. WarGamer May 2022 #20

LOL-You are WRONG LetMyPeopleVote May 2022 #13

LOL. Musk deal is on hold LetMyPeopleVote May 2022 #17

I guess you "missed" this... WarGamer May 2022 #11

I am not surprised that Musk is pursing such financng LetMyPeopleVote May 2022 #14

LOL The reason for the new structure is to avoid risks of the margin loan on Tesla stock LetMyPeopleVote May 2022 #15

Elon Musk tweeted that Twitter deal is temporarily on hold LetMyPeopleVote May 2022 #18

Leave Musk a shrunken husk. Asshole deserves to lose every drop of liquid. (Nt) FreepFryer May 2022 #21

From the Hoarse Whisperer LetMyPeopleVote May 2022 #22