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While the margin loans were originally part of the commitment letter in April 2022, Musk later decided against them and sold more Tesla stock instead to fund th
by snake_doc 4y ago
While the margin loans were originally part of the commitment letter in April 2022, Musk later decided against them and sold more Tesla stock instead to fund the deal with cash. None of the Twitter debt is backed by Tesla stock.
https://www.bloomberg.com/opinion/articles/2022-05-26/elon-called-off-his-margin-loan https://www.bloomberg.com/opinion/articles/2022-05-26/elon-c...