Still, doesn't hurt to crash Tesla stock for being overvalued or misclassified, since the SEC doesn't seem to care enough to investigate Muskrat's blatant stock manipulation tactics, and he likely *does* owe debts secured by his ownership shares.
He likely does. And the loans are hung, can’t be offloaded, no one wants the toxic mess. 7 large banks collectively loaned him $13b, in what was probably the worst deal in decades.
No looking for an argument friend. But he likely does. And the loans are hung, can’t be offloaded, no one wants the toxic mess. Seven large banks collectively loaned him $13b, in what was probably the worst deal in decades.
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At one point he WAS going to use his stock, but he backed out of that loan before the deal went through.
https://www.forbes.com/sites/abrambrown/2022/05/25/elon-musk-margin-loan-twitter-equity-deal-takeover-bid-buyout/