Impact on Tesla of Twitter buy?

According to Fortune, Elon Musk owns 25% of Tesla, which at current market cap works out to around 195 billion dollars. About half of that has been used as collateral for various loans, so that gives him roughly 97 billion dollars of stock that he can sell. Take out the 44 billion to buy Twitter and Musk still has 53 billion dollars worth of Tesla stock, minus his collateral, after the purchase.

My guess is he will remain the largest shareholder in Tesla, and that fact alone will prevent any significant stock slides.

 

Musk sold TSLA stock after the original offer. I do not believe he needs to sell any more.

 

interesting turn of events, he must have got what he wanted

 

Or realized he was going to lose if this went on.

 

That's a good assumption. The other possibility might be that the court proceedings may bring out facts and figures that he'd rather not disclose. There may be some good reading in the tale of why Musk said on the record that making the cybertruck in low volumes would cost $1,000,000 each, but thinks he can build them in high volumes for under $50K each.

 

Naw...I'm of the belief that he wouldn't have won his case in court. Hopefully the he buys it, the stock tanks, and we can all move on...haha. Regardless of how this turns out, I'm not sure it is 'good' for Musk, However, when you have billions, I'm not sure he cares.

 

The stock had already dropped from the price he agreed to pay, which is why he was trying to reneg on the deal.

 

I just want the Twitter-Musk ‘news’ to tone down. A lot of posting about nonsense to me.

Bob Wilson

 

can't see how that will happen once he owns it

 

I kinda wish Elon had bought YouTube. It has more technical content and Google is trying to drown it in ads.

Bob Wilson

 

But Elon uses Twitter regularly.

 

Well at least he'll be 'walking the field' ... the most successful farm fertilizer.

Bob Wilson

 

I see plenty of ads on YouTube and Twitter...on my phone.

However, my ad blocker works beautifully on my PC ( I use AdBlock plus ). No ads whatsoever in YouTube or in my Twitter feed....

 

it blocks the video ads before the main video?

 

What video ads before the main video? Do they do that?

With a properly configured Linux system those are not rendered, though the option of displaying them can be toggled on.

 

Yes...AdBlock Plus on Windows with the Chrome browser blocks *all* ads on YouTube, Twitter, etc... I haven't seen ads on any of these sites for years. When I use YouTube on my iPhone though...I see what you mean...lots of ads...yuck!

 

Just a side note... I don't object to the ads as much as I object to the javascripts that run them. Those scripts are frequently delivered directly from unknown and untrusted servers that can be located anywhere in the world. The web site that serves you a Youtube video often has no idea that they are providing a portal for malicious hackers to exploit your machine.

A very bad example of this runaway javascript proliferation is the local jury duty site. You are REQUIRED to log in there when selected to serve on a jury. Somewhere in their configuration they turned on the trackers or ads for Facebook, Instagram and a half dozen other sites. It included a tool from Microsoft's BING, which has a "if you use this you agree to all of our terms of service" buried in it. The BING terms of service then has a hook that says that you accept ALL Microsoft product terms of use. The court system has no idea that they are pushing this to every person who is tapped for jury duty.

 

Aren't most modern popular browsers settings blocking all java script by default?

 

I don't know. I don't use all of them but and I can assure you that without javascript a huge number of web sites will not work. Banks, healthcare portals, this website, etc are predicated on using some javascript. This site does not work well without 6 of the 10 javascripts allowed.