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Sathishbabu
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Tesla investors are definitely pissed at this deal.
One, it drives Elon's focus away from Tesla.
Two, it forced Elon to sell TSLA.
Three, if Twitter can't shore up its cash flow, Elon will likely have to keep selling TSLA to fund Twitter.
Twitter's debt repayment is huge and Elon will have to continue to sell TSLA to fund it
If advertisers continue to pull out, he's going to have continue to sell his TSLA shares.
He leveraged his...
One, it drives Elon's focus away from Tesla.
Two, it forced Elon to sell TSLA.
Three, if Twitter can't shore up its cash flow, Elon will likely have to keep selling TSLA to fund Twitter.
Twitter's debt repayment is huge and Elon will have to continue to sell TSLA to fund it
If advertisers continue to pull out, he's going to have continue to sell his TSLA shares.
He leveraged his...
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Sathishbabu
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Sathishbabu
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Sathishbabu
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During the first half of 2022, the $S&P 500 Index (.SPX.US)$ dropped by 21%, which means that the broad market is technically in bear territory right now, following a drop of more than 20%. This market decline was based on several macro factors and did impact different sectors and industries to a different degree:
Inflation continues to run at an 8%+ rate and is not showing any signs of being transitory so far. This hurts consumer spending po...
Inflation continues to run at an 8%+ rate and is not showing any signs of being transitory so far. This hurts consumer spending po...
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Sathishbabu
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$Tesla (TSLA.US)$Every time Powell speaks, he will rise first.
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