How would Elon Musk buying twitter affect Telsa stock? $Tesl...
How would Elon Musk buying twitter affect Telsa stock? $Tesla(TSLA.US$
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TeslaSmurf : Elon won’t sell Tesla’s stocks to buy Twitter’s: he doesn’t need to, as he already has the funds secured in the form of loans. Plus, he is receiving many more billions in Tesla stocks (option to buy at 70$) as a form of compensation for the economic results of the company.
On the long term, owing Twitter also means much more FREE publicity for Tesla and a powerful instrument/shield against all the FUD spit by the haters on a daily basis.
conner stone OP TeslaSmurf : Sounds great, Glad we can trust Elon.
TeslaSmurf : Yes, but the problem is the market. Tesla will hold better than others (BYD: the n 2 EV maker and great company too is falling more than 5%). Just hold and buy the dip.