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Concern over Elon Musk’s Twitter takeover wipes $126bn off Tesla value

Concern over Elon Musk’s Twitter takeover wipes $126bn off Tesla value

2 years ago
Anonymous $xqL1ZTchGQ

https://www.theguardian.com/technology/2022/apr/27/concern-over-elon-musk-twitter-takeover-wipes-126bn-off-tesla-value

Fears that carmaker’s CEO may have to sell shares to fund $44bn acquisition of social network

Investors have wiped $126bn (£100bn) off Tesla’s value amid concern that Elon Musk may have to sell shares in the electric carmaker to fund his personal contribution to his $44bn acquisition of Twitter.