• HobbitFoot @thelemmy.club
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    He’ll feel it because a lot of the deal was financed off of his Tesla stock. It isn’t that Musk will lose money from Twitter; he’ll lose some control over Tesla. Worse, it could push Tesla’s stock price down, which may be an issue as a lot of people shorted Tesla’s stock.