End of the day twitter will be fine. Elon just stroking his ego right now.
We will see by next week.
End of the day twitter will be fine. Elon just stroking his ego right now.
Not so much. Musk is WORTH $200+ Billion, but he doesn't have 200+ Billion; it's all stakeholders in Tesla, SpaceX, Etc.
For this $44 Billion deal, Musk used about $13-$17B of his own Tesla stock; the rest was provided to him in loans and personal wealth from others.
Because of this deal, Twitter owes about $1 Billion in Interest annually now, and if Musk can't make that, he has to leverage his Tesla stock to pay it.
But this is where this story becomes Prime Rib. Tesla is currently OVERVALUED. It's Price-Earnings ratio is 70, where with other Automobile companies like Ford and GM, your looking at 6. So if Tesla's stock bottoms out, that $200+ Billion, might just become $20 Billion (Just spitballing a number), especially if we do get a recession then no one will be buying his cars for the most part because they are pricey.
So imagine Elon, going from $200B, to now $20B... owing at least $13 Billion to Banks, WITH INTEREST.
Oh, and Twitter... it gets DELISTED officially from the stock market on the 8th.
Plus... he owns Twitter now... what if one his friends tweets shyt about China or Russia? Elon going to answer calls from Xi, and Putin; threatening to hurt his business.
So basically you have puts on Tsla
So basically you have puts on Tsla
Musk is starting the enter the find out stage of buying Twitter.they gonna pay more in wages now that the employees know how indispensable they are.
Anyone who goes back is asking for abuse, putting themselves at risk to being aburptly fired in the future, and suffering from Stockholm syndrome.
Ia there any way he's tanking the site on purpose? He 100% was just trying to troll in acquiring it but when he was forced, it seems like he's just trolling now. Like he's clearly on drugs most of the time but some of these decisions are terrible and seemingly self destructive. Like one of the reasons why verification is a thing is because of identity masking as celebrities.
Don’t forget all the time he spends impregnating his female employees
He also finds time to keep impregnating women
First wifeHe also finds time to keep impregnating women
So I should do a Put on Tesla?Not so much. Musk is WORTH $200+ Billion, but he doesn't have 200+ Billion; it's all stakeholders in Tesla, SpaceX, Etc.
For this $44 Billion deal, Musk used about $13-$17B of his own Tesla stock; the rest was provided to him in loans and personal wealth from others.
Because of this deal, Twitter owes about $1 Billion in Interest annually now, and if Musk can't make that, he has to leverage his Tesla stock to pay it.
But this is where this story becomes Prime Rib. Tesla is currently OVERVALUED. It's Price-Earnings ratio is 70, where with other Automobile companies like Ford and GM, your looking at 6. So if Tesla's stock bottoms out, that $200+ Billion, might just become $20 Billion (Just spitballing a number), especially if we do get a recession then no one will be buying his cars for the most part because they are pricey.
So imagine Elon, going from $200B, to now $20B... owing at least $13 Billion to Banks, WITH INTEREST.
Oh, and Twitter... it gets DELISTED officially from the stock market on the 8th.
Plus... he owns Twitter now... what if one his friends tweets shyt about China or Russia? Elon going to answer calls from Xi, and Putin; threatening to hurt his business.