Stocks

Elon Musk Has Some Good News for Tesla Investors



Tesla  (TSLA) – Get Tesla Inc Report investors and fans may be able to breathe a bit more easily. 

Since Elon Musk’s April 14 announcement of a $44 billion bid for social network Twitter,  (TWTR) – Get Twitter, Inc. Report they’ve seen the price of Tesla shares wobble. 

In addition to concern about Musk focusing less on the manufacturer of high-end electric vehicles, they also worry about the prospect of his financial withdrawal from Tesla. 

Indeed, to fund the Twitter transaction, the billionaire, whose assets are largely illiquid, obtained loans including a margin loan of $12.5 billion linked to his Tesla shares.





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businesscable.co.uk

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