Elon Musk eliminates margin loan from Twitter deal funding, Tesla stock responds

As CEO Elon Musk showed in a filing with the SEC yesterday that he had pledged an additional $6.25 billion toward his $44 billion acquisition of Twitter, simultaneously the Tesla frontman’s margin loans against his holdings in the electric automaker reduced. The move offloaded pressure that was once on Tesla stock, sending the automaker’s shares … Continue reading Elon Musk eliminates margin loan from Twitter deal funding, Tesla stock responds