btaf45@lemmy.world to United States | News & Politics@midwest.social · 1 month ago

Elon Musk may have to sell billions in Tesla stock to rescue X

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Elon Musk may have to sell billions in Tesla stock to rescue X

btaf45@lemmy.world to United States | News & Politics@midwest.social · 1 month ago

Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

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anachronist@midwest.social
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1 month ago
The bonus was in stock. It was pretty much just replenishing the stock he dumped when he was buying twitter.
- Pup Biru@aussie.zone
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  1 month ago
  wouldn’t life be easy if you could just use everyone else’s money for whatever you want

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