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Attorney and legal commentator Tristan Snell, via X: "Elon Musk's purchase of Twitter was financed by borrowing money. He used his Tesla stock as collateral. If
by uberdru 1y ago
Attorney and legal commentator Tristan Snell, via X: "Elon Musk's purchase of Twitter was financed by borrowing money. He used his Tesla stock as collateral. If Tesla stock keeps crashing, the banks/creditors could repossess Twitter."
- Sparyjerry 1y agoIts literally impossible to get margin called when the TSLA stock used as collateral has only gone up since he bought it.