In today’s briefing:
- Elon Sold More Falling Tesla Stock. Margin Calls? Twitter Failing? Bank Demands? Likely All Three.
Elon Sold More Falling Tesla Stock. Margin Calls? Twitter Failing? Bank Demands? Likely All Three.
- Elon Musk sold billions more of Tesla near 2-yr lows, signaling he & Twitter need serious cash NOW.
- His banks know why—they hold Elon’s margin loans and they get Twitter’s financial info every month.
- And the banks want Elon to buy back from them Twitter’s riskiest LBO debt, which they can’t sell because of how fast he is destroying Twitter’s business and prospects.
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