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> Musk, the world's richest person according to a tally by Forbes, is negotiating to buy Twitter in a personal capacity and Tesla is not involved in the deal.
by dj_mc_merlin 5y ago
> Musk, the world's richest person according to a tally by Forbes, is negotiating to buy Twitter in a personal capacity and Tesla is not involved in the deal.
Wasn't ~half of the capital coming from margin from equity Musk has in Tesla? I wouldn't count that as "not involved in the deal" although I see how it could be construed that way.
- nicce 5y agoThat is kinda different thing. Musk owns shares personally and can sell them as he likes. Tesla as company is not funding anything. But I guess you meant that.
- dj_mc_merlin 5y agoTechnically speaking, true. If Musk's margin was called though and he was forced to sell shares in Tesla to cover, that would most definitely have an effect on the Tesla stock. In a way I see that as Tesla being involved, also since it is value and trust generated by Tesla that Musk is bargaining with.