Buying Twitter was the biggest gamble of Musk's career. Now he — and his empire — are cracking under the pressure.

This is why using Tesla stock to source cash all the time gets hairy. If Tesla shares fall below a certain level, the banks can call in those personal loans — leaving Musk on the hook. And the quickest way for Tesla’s stock to drop off a cliff is for investors to get wind of a big Musk sale. And of course, he needs to make sure that he still holds on to all the Tesla stock he’s pledged as collateral to the banks. Unfortunately, though, the easiest way for Musk to fill the gaping hole in Twitter’s balance sheet is to sell Tesla shares. You see how this could be a problem.

  • Kecessa@sh.itjust.works
    2·
    11 months ago

    Interesting, I interpreted it as a replacement for parentheses instead of a step in-between commas and parenthesis.

    Always funny how people who learn a second language learn by the rules so much that they sometimes see things that doesn’t seem to work that the language speakers don’t notice…

    Thanks!