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.
II wanted people to discuss if they felt it was true or not and see if anyone had insight as to whether Saudi Arabia factors in to his finances or not. Normally, I think you would have a point, but they brought experts to the table to discuss it even though the tone is flippant. He has to dance with the money and loans and he’s running out of options. I do not have sympathy for him at all, he’s a POS