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He was trying to renege on Twitter so he could renegotiate the $52 price after the stock market came off its highs. To me the suspicious thing about the Twitter
by guelo 2y ago
He was trying to renege on Twitter so he could renegotiate the $52 price after the stock market came off its highs. To me the suspicious thing about the Twitter sale is why banks lent him the $13 billion to pull it off. The banks were then unable to move those loans off the books as Elon trashed Twitter's value.
- fakedang 2y agoAt the time, Tesla's shares were so resilient that banks must've equated it to gold. And you can borrow any amount of money if you can provide the equivalent amount of gold as collateral.