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His position and collateral in margin loans on Tesla shares, unless we know the precise numbers and dates of those loans, is going to be pretty hard to sort out
by Zigurd 3y ago
His position and collateral in margin loans on Tesla shares, unless we know the precise numbers and dates of those loans, is going to be pretty hard to sort out. Plus those things could effectively have been refinanced. Let's say he took out a margin loan on TSLA at 400, and was facing a margin call. He could pledge more shares. So the whole thing is very opaque.