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by rot13xor 1306 days ago
It's counterintuitive but Tesla shareholders might want Twitter to fold quickly so Elon can fully focus on Tesla again.
5 comments

I think that's probably a naive hope, if we carry on down the current path the only way that Musk can save face and avoid being washed out of twitter is to buy up the debt that he secured to buy Twitter. Ignoring the technical issues, the debt is the thing that really threatens twitter - if the business can't generate the revenue to service the debt the creditors might step in and take Musk's equity. So the logical move if you're all-in on fixing twitter (as Musk seems to be) would be to buy the debt, he can probably get it at 60 cents on the dollar, so that means he needs to come up with somewhere around $8Bn, and we all know where Musk will look for that kind of cash. That would be a very significant head wind for Tesla stock.
And where is he supposed to pump Tesla stock?
Musk dumping lots of Tesla shares to reimburse the loan may well crash Tesla price.
Well, as someone who hold about $10K in TSLA, I'd like to see Elon fired.
Dunno. The best for Tesla might be him being occupied by something else.