Latest News

How Elon Musk Dodged a Potential Margin Call Bullet by Following His Own Advice

0

Tesla CEO Elon Musk Could Have Had His First Margin Call for Twitter Loan | Barron’s


Tesla

CEO Elon Musk might regret his purchase of Twitter—or at least the way he financed it. Based on the agreement Musk signed with bankers to help fund his Twitter purchase, he would have experienced his first margin call, an obligation to cough up cash or provide more collateral.

Musk, on Wednesday, apparently sent an email to


Tesla

(ticker: TSLA) employees, admonishing them to ignore gyrations in the company’s stock and focus on shipping as many cars as possible as the end of the quarter, and year, approaches.

After a divorce, are you eligible for your ex-spouse’s Social Security benefits?

Previous article

Warren Buffett jumps into local politics to fight Omaha streetcar project

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News