Quote:
There are good reasons for him to get cold feet. The biggest is Tesla. The electric-vehicle maker’s stock has fallen around a fifth since Musk first revealed his stake in Twitter, partly because Musk may sell shares to fund his new adventure. If Tesla’s stock bounces back – likely if the Twitter deal falls away – the $40 billion of recouped wealth would more than make up for the break fee.
|
6 weeks ago TSLA was under $770 the author of that article is clueless. Maybe Musk won't actually buy Twitter but it will have zero to do with Tesla.