Re:Why Twitter didn’t go down: From a real Twitter SRE
by minhazm on Tuesday November 22, 2022 @01:27AM
(#33702715)
> he used his tesla shares as collateral
No he did not. It was initially proposed but there's no margin loan against his TSLA holdings in the final deal. For the debt that Twitter took on in the buyout the collateral is the company itself. There's zero connection to Tesla in the actual financing.
No he did not. It was initially proposed but there's no margin loan against his TSLA holdings in the final deal. For the debt that Twitter took on in the buyout the collateral is the company itself. There's zero connection to Tesla in the actual financing.
https://www.cnbctv18.com/business/who-is-funding-elon-musk-i...